Foreign Exchange Reserves: The country's foreign exchange reserves rose by more than $ 7.02 billion to a new record high of $ 681.68 billion in the week ended August 23. The Reserve Bank of India (RBI) gave this information on Friday. In the previous week, the foreign exchange reserves had increased by $ 4.54 billion to $ 674.66 billion. Earlier, the all-time highest level of overall currency reserves was recorded at $ 674.91 billion on August 2.

According to data released by the Reserve Bank on Friday, foreign currency assets, considered an important part of the currency reserves, increased by $ 5.98 billion to $ 597.55 billion in the week ended August 23.

Foreign currency assets, expressed in dollar terms, include the effect of fluctuations in non-US currencies such as euro, pound, and yen held in the foreign exchange reserves. The value of gold reserves rose by $893 million to $60.99 billion during the week under review.

Special Drawing Rights (SDR) increased by $118 million to $18.45 billion. India's reserve with the International Monetary Fund (IMF) increased by $30 million to $4.68 billion during the week under review.