India's foreign exchange (forex) reserves grew by $1.31 billion to $288.64 billion for the week ended July 27, Reserve Bank of India (RBI) data showed.
The forex had earlier risen by $589 million to $287.34 billion for the week ended July 20, 2012. The country's forex reserves had declined by $872.7 million in the week ended July 13, 2012.
Foreign currency assets, the biggest component of the forex reserves kitty, increased by $1.29 billion to $256.39 billion for the week under review, according to weekly statistical supplement released by RBI.
The foreign currency assets had risen by $565.5 million to $255.10 billion for the week ended June 20.
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