The foreign exchange reserves increased by $1.046 billion to $315.7 billion for the week ended June 6. In the previous week, the reserves had fallen by $1.56 billion. According to the RBI''s Weekly Statistical Supplement, foreign currency assets rose by $1.045 billion to $305.93 billion. Foreign currency assets expressed in dollar terms comprise the effect of appreciation or depreciation of non-US currencies (such as euro, sterling, yen) held in reserves. Gold and SDRs remained unchanged at $9.2 billion and $11 billion, respectively. The reserve position in the IMF rose by $ 1 million to $527 million.
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