India's foreign exchange reserves rose by USD 7.196 billion to USD 595.976 billion in the week that ended on May 5, data released by the Reserve Bank of India showed on Friday.
India's foreign exchange reserves rose by USD 4.532 billion to USD 588.780 billion on a weekly basis as of April 28, according to the Reserve Bank of India's data.
According to the weekly statistical supplement of Reserve Bank of India released on Friday evening, gold reserves of the country declined by USD 521 million to USD 46.125 billion.
India's foreign exchange reserves rose sharply by USD 12.798 billion to USD 572.801 billion in the week ending March 17, according to the Reserve Bank of India's latest data.
India's foreign exchange reserves declined by about USD 2.4 billion to USD 560.003 billion in the week ending on March 10, according to the Reserve Bank of India's latest data.
Responding to a written question asked by MLA from Dhenkanal, Sudhir Kumar Samal, the Minister stated "The surveys of the Directorate of Mines and Geological Survey Of India (GSI) revelation the presence of Gold reserves in three districts including Deogarh, Keonjhar and Mayurbhanj."
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined USD 7.108 billion to USD 500.587 billion.
According to RBI's latest data, India's foreign currency assets, the biggest component of the forex reserves, declined by USD 1.747 billion to USD 496,441 billion.