India's forex reserves up by $932 million

India's foreign exchange reserves increased by $932 million to $280.028 billion for the week ended April 9 compared to $279.096 billion in the previous week.

During this period, foreign currency assets grew to $255.663 billion, up by $933 million as against $254.730 billion in the previous week, the RBI said in its weekly data.

Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies, such as Euro, Sterling and Yen held in the reserves.

Gold reserves of the country in the week stood unchanged at $17.986 billion, the central bank said.

During the week, special drawing rights fell by $1 million to $5,000 million compared to $5,001 million in the previous week.

The country's reserve position in the International Monetary Fund remained unchanged at $1.379 billion, the RBI data said.