<p>Mumbai: India's forex reserves jumped $2.816 billion to $606.859 billion in the week ended December 8, the Reserve Bank of India (RBI) said on Friday.</p>.<p>In the previous reporting week, the overall reserves had risen $6.107 billion to $604.042 billion.</p>.<p>It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.</p>.<p>The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.</p>.India’s forex reserves dip by $28 billion in FY 2022-23.<p>For the week ended December 8, the foreign currency assets - a major component of the reserves - increased by $3.089 billion to $536.699 billion, the data said.</p>.<p>Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.</p>.<p>Gold reserves were down $199 million to $47.13 billion during the week, the RBI said.</p>.<p>The Special Drawing Rights were down $63 million to $18.188 billion, the apex bank said.</p>.<p>India's reserve position with the IMF was down $11 million to $4.842 billion in the reporting week, the apex bank data showed.</p>
<p>Mumbai: India's forex reserves jumped $2.816 billion to $606.859 billion in the week ended December 8, the Reserve Bank of India (RBI) said on Friday.</p>.<p>In the previous reporting week, the overall reserves had risen $6.107 billion to $604.042 billion.</p>.<p>It can be noted that in October 2021, the country's forex kitty had reached an all-time high of $645 billion.</p>.<p>The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.</p>.India’s forex reserves dip by $28 billion in FY 2022-23.<p>For the week ended December 8, the foreign currency assets - a major component of the reserves - increased by $3.089 billion to $536.699 billion, the data said.</p>.<p>Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.</p>.<p>Gold reserves were down $199 million to $47.13 billion during the week, the RBI said.</p>.<p>The Special Drawing Rights were down $63 million to $18.188 billion, the apex bank said.</p>.<p>India's reserve position with the IMF was down $11 million to $4.842 billion in the reporting week, the apex bank data showed.</p>