India's forex reserves rise to $672.59 billion after gold holdings jump

India's foreign exchange reserves rose by $963 million to $672.587 billion in the week ended June 19, reversing the previous week's sharp decline, as a surge in gold reserves more than offset a fall in foreign currency assets , according to RBI data released on Friday, PTI reported.

The country's forex reserves had declined by $9.985 billion to $671.625 billion in the previous reporting week.