New Delhi, June 13 -- India's foreign exchange reserves (forex) jumped USD 5.171 billion to USD 696.656 billion in the week ending June 6, official data released by the Reserve Bank of India showed on Friday.
After the latest policy meet, RBI Governor Sanjay Malhotra said the foreign exchange kitty is sufficient to meet 11 months of the country's imports and about 96 per cent of external debt.
With the weekly jump, the forex kitty is close to its all-time high of USD 704.89 billion in September 2024.
The latest RBI data showed that India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 587.687 billion.
According to RBI data, the gold reserves currently amount to USD 85.888 billion.
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