India’s foreign exchange reserves rose by $6.1 billion to a nearly two-month high of $682.35 billion in the week ended July 24, according to data released by the Reserve Bank of India (RBI) on Friday.
The latest increase follows a $1.08 billion rise in the previous reporting week, when the country’s forex reserves stood at $676.23 billion. The latest build-up marks the highest level of reserves since late May.