Mumabai, Feb 14: India 's foreign exchange reserves surged further by $1,609 million to cross the $106 billion mark for the week ended February 06. The country's foreign exchange reserves swelled up by $1,609 million to $1,06,607 million in the period under review, according to the Reserve Bank of India 's weekly statistical supplement released here on Saturday.
The foreign currency assets also saw an increase of $1,535 million to touch $1,02,315 million, it said.
Forex market sources said the reserves have gone up due to fresh inflows and revaluation of the US dollar vis-a-vis other currencies.
RBI said gold reserves grew by $74 million to touch $4,289 million while the special drawing rights remained static at $3 million respectively.
Bureau Report