In the previous week, the reserves had increased by USD 441 million to reach USD 448.249 billion

For the week under review, foreign currency assets, which are the biggest part of the reserves, increased by USD 1.642 billion to USD 410.453 billion, as per the data.

While announcing fourth bi-monthly monetary policy, the RBI Governor Shaktikanta Das said as of October 1 the forex kitty peaked to the record high.

The country's forex reserves decreased by USD 727 million to USD 429.649 billion for the week ended July 26, led by a decline in foreign currency assets, RBI data showed on Friday.

The RBI might suggest about sub-lakh crore of transfers from its contingency reserves based on a formula devised by the Jalan panel members and it is likely to be Rs 50,000 crore

Minister of State for Shipping (Independent Charge) and Chemical and Fertilisers Mansukhlal Mandaviya digitally flagged off the vessel on Friday.

The reserves have jumped by USD 2.23 billion, while in the past reporting week the same had increased by USD 1.262 billion to reach a new high of USD 427.67 billion.

Gold reserves remained unchanged at $23.021 billion; in the previous week, the reserves had increased by $171.9 million to $418.687 billion

As you manage your child's school expenses, don't lose sight of the higher education expenses.

In the reporting week, foreign currency assets, which are a major component of the overall reserves, fell by USD 728.6 million to USD 386.033 billion