Mumbai, Sep 5
India's foreign exchange reserves rose by $3.51 billion to $694.23 billion for the week ended August 29, data released by the RBI on Friday showed.
Foreign currency assets, a major component of the reserves, increased by $1.69 billion to $583.94 billion during the week. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound, and yen held in the foreign exchange reserves
The special drawing rights in the forex kitty stood at $18.78 billion, up $40 million.
Major drivers of goods exports in July were engineering goods, electronics goods, drugs and pharma, organic and inorganic chemicals, gems and jewellery, he added.