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Forex reserves at USD 287.34 billion

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Press Trust of India Mumbai
Last Updated : Jan 20 2013 | 4:33 AM IST

The reserves had fallen by USD 872.7 million to USD 286.75 billion in the previous reporting week.

Foreign currency assets, a major component of the forex reserves, were up by USD 565.5 million to USD 255.10 billion during the reporting week, the Reserve Bank said.

Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said.

The gold reserves were unchanged at USD 25.76 billion, the apex bank said.

For the week under review, the special drawing rights (SDRs) were up by USD 15.8 million to USD 4.345 billion, while the country's reserve position with the IMF was also up by USD 7.7 million to USD 2.131 billion, the apex bank data showed.

  

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First Published: Jul 27 2012 | 9:06 PM IST

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