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.

India’s forex reserves have increased by 1.919 billion to $ 642 billion for the week ended October 29 on a healthy increase in the currency assets, value of gold, the RBI said.

The overall reserves had declined by $ 908 million to $ 640 billion at the end of the previous reporting week.

Value of the gold reserves increased by USD 572 million to USD 39.012 billion in the reporting week, the data showed.

The special drawing rights (SDRs) with the International Monetary Fund (IMF) rose by USD 17 million to USD 19.304 billion. The country's reserve position with the IMF increased by USD 1 million to USD 5.242 billion in the reporting week, the data showed.