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| Forex reserves up by $1.379 bn to $286.723 bn |
| Press Trust of India / Mumbai Dec 04, 2009, 20:46 IST |
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India's foreign exchange reserves rose by $1.379 billion for the week ended November 27, to $286.723 billion compared to $285.344 billion in the previous week.
The foreign currency assets, during the week, stood at $262.449 billion, up $571 million, compared to $261.878 billion in the week ago, the Reserve Bank of India (RBI) said in its weekly report today.
Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as Euro, Sterling, Yen held in reserves, the report said.
Gold reserves, during the week, stood unchanged at $17.5 billion while the special drawing rights (SDRs) jumped to $5.310 billion as compared to $5.266 billion in the week ago, the RBI said.
The country's reserve position in the International Monetary Fund rose to $1.464 billion from $700 million in the week-ago period, the RBI said.
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