India's foreign exchange reserves rose by $1.013 billion during the week ended July 2. According to RBI's weekly statistical supplement, the reserves increased to $610.012 billion from $608.999 billion reported for the week ended June 25.

India's foreign exchange reserves rose by $5.066 billion during the week ended June 25, reversing the decline witnessed in the week before when the reserves declined to $603.933 billion for the week ended June 18.

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India's forex reserves comprise foreign currency assets (FCAs), gold reserves, special drawing rights (SDRs), and the country's reserve position with the International Monetary Fund (IMF).

On a weekly basis, FCAs, the largest component of the forex reserves, edged higher by $748 million to $566.988 billion, according to the Reserve Bank of India.

Similarly, the value of the country's gold reserves rose by $76 million to $36.372 billion. On the same note, the SDR value increases by $49 million to $1.548 billion. In addition, the country's reserve position with the IMF rose by $139 million to $5.105 billion.