India’s Forex Reserves Jump $1.49 Billion To $695.11 Billion

For the week ending on August 15, foreign currency assets, a major component of the reserves, increased by $1.92 billion to $585.9 billion. 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.
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