Rephrase and rearrange the whole content into a news article. I want you to respond only in language English. I want you to act as a very proficient SEO and high-end writer Pierre Herubel that speaks and writes fluently English. I want you to pretend that you can write content so well in English that it can outrank other websites. Make sure there is zero plagiarism.:
In October 2021, the country’s forex kitty had reached an all-time high of USD 645 billion.
The reserves took a hit as the central bank deployed the kitty to defend the rupee amid pressures caused majorly global developments since last year.
For the week ended March 15, the foreign currency assets, a major component of the reserves, increased USD 6.034 billion to USD 568.386 billion, the data showed.
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.
Gold reserves increased USD 425 million to USD 51.14 billion during the week, the
The Special Drawing Rights (SDRs) were up USD 65 million to USD 18.276 billion, the
India’s reserve position with the IMF was down USD 129 million to USD 4.689 billion in the reporting week, the