India’s forex reserves rise $1.9 billion to $595 billion

India’s foreign exchange reserves saw an uptick of $1.9 billion, taking the overall level to $595.1 billion as on June 30, Reserve Bank of India data showed Friday. Foreign currency assets (FCAs) rose by $2.5 billion to $528 billion, according to the Weekly Statistical Supplement released by the RBI. Expressed in dollar terms, the FCAs include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.