<p>Mumbai: India's forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the <a href="https://www.deccanherald.com/tags/rbi">RBI </a>said on Friday.</p>.<p>In the previous reporting week, the overall reserves rose by $4.529 billion to $658.8 billion, the RBI said on Friday.</p>.<p>This is the fourth consecutive week of increase in the reserve, which was on a declining trend recently due to revaluation along with forex market interventions by RBI to help reduce volatilities in the rupee. The forex reserves had increased to an all-time high of $704.885 billion in end-September 2024.</p>.Rupee pares initial gains, settles 5 paise up at 85.25 against US dollar.<p>For the week ended March 28, foreign currency assets, a major component of the reserves, increased by $6.158 billion to $565.014 billion, the data released on Friday showed.</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 increased by $519 million to $77.793 billion during the week, the RBI said.</p>.<p>The Special Drawing Rights (SDRs) were down by $65 million to $18.176 billion, the apex bank said.</p>.<p>India's reserve position with the IMF was also down by $16 million at $4.413 billion in the reporting week, the apex bank data showed.</p>
<p>Mumbai: India's forex kitty jumped $6.596 billion to $665.396 billion during the week ended March 28, the <a href="https://www.deccanherald.com/tags/rbi">RBI </a>said on Friday.</p>.<p>In the previous reporting week, the overall reserves rose by $4.529 billion to $658.8 billion, the RBI said on Friday.</p>.<p>This is the fourth consecutive week of increase in the reserve, which was on a declining trend recently due to revaluation along with forex market interventions by RBI to help reduce volatilities in the rupee. The forex reserves had increased to an all-time high of $704.885 billion in end-September 2024.</p>.Rupee pares initial gains, settles 5 paise up at 85.25 against US dollar.<p>For the week ended March 28, foreign currency assets, a major component of the reserves, increased by $6.158 billion to $565.014 billion, the data released on Friday showed.</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 increased by $519 million to $77.793 billion during the week, the RBI said.</p>.<p>The Special Drawing Rights (SDRs) were down by $65 million to $18.176 billion, the apex bank said.</p>.<p>India's reserve position with the IMF was also down by $16 million at $4.413 billion in the reporting week, the apex bank data showed.</p>