FCA increased by $1.55 billion to $577.001 billion in the reporting week, according to the RBI data.The country's forex reserves rose by $2.039 billion to $639.516 billion in the week ended October 8, according to RBI information.
In the previous week ended October 1, the reserves had actually dipped by $1.169 billion to $637.477 billion.
The reserves had surged by $8.895 billion to a life time high of $642.453 billion in the week ended September 3.
During the reporting week ended October 8, the increase in the reserves was on account of an increase in the Foreign Currency Assets (FCAs), Reserve Bank of India's (RBI) weekly information launched on Friday showed.FCA increased by $1.55 billion to $577.001 billion in the reporting week, as per the data.Expressed in dollar terms, FCA include the effect of gratitude or devaluation of non-US units like the euro, pound and yen held in the forex reserves.
Gold reserves were up by $464 million to $38.022 billion in the reporting week.The Unique Illustration Rights (SDRs) with the International Monetary Fund (IMF) rose by $28 million to $19.268 billion.
The nation's reserve position with the IMF decreased by $3 million to $5.225 billion in the reporting week, the data showed