After witnessing a decline in the past two weeks, India's foreign exchange reserves rose by $587 million to reach $1,19,932 million mark, for the week ended June 18.
The country's foreign exchange assets were up by $587 million to $1,14,659 million during the period under review, according to Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
Analysts said revaluation of international currencies and fresh inflows led to this growth in reserves.
RBI said gold reserves and special drawing rights remained static at $3,974 million and $2 million respectively.
India's Reserve Tranche Position with the International Monetary Fund remained static at $1,297 million, the central bank said.
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