Mumbai: India's foreign exchange (forex) reserves increased by USD 3.60 billion during the week ended March 15, official data showed on Friday.
According to the Reserve Bank of India's (RBI) weekly statistical supplement, the overall forex reserves rose to USD 405.63 billion from USD 402.03 billion reported for the week ended March 8.
India's forex reserves comprise Foreign Currency Assets (FCAs), gold reserves, Special Drawing Rights (SDRs) and India's reserve position with the International Monetary Fund (IMF).
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On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by USD 3.54 billion to USD 377.77 billion.
Besides the US dollar, FCAs consist of 20-30 per cent of the other major global currencies.
The RBI's weekly data showed that the value of the country's gold reserves rose by USD 38.9 million at USD 23.40 billion.
The SDR value inched up by USD 5.9 million to USD 1.46 billion, while the country's reserve position with the IMF grew by USD 12.1 million to USD 2.99 billion.
(Inputs from IANS)
