Foreign exchange reserves decline by US$1.66 billion in the week ended 01 November 2013

India's foreign exchange reserves fell for the week ended 01 November 2013 by US$1.66 billion to US$281.29 billion. Foreign currency assets, one of the key components of reserves, fell by$894 million to $253.61 billion.

Gold reserves dropped by US$538 million to US$21.23 billion. On the weekly basis, the Special Drawing Rights (SDRs) fell by US$46.9 million to US$4.42 billion, while India's reserve position with the International Monetary Fund was down by US$177.9 million to US$2.03 billion.

Foreign Exchange ReservesItem As on 01 November 2013 Variation overWeek End-March 2013 YearRs Bn. US$ Mn. Rs Bn. US$ Mn. Rs Bn. US$ Mn. Rs Bn. US$ Mn.1 2 3 4 5 6 7 8Total Reserves 17,402.8 2,81,293.6 -59.1 -1,657.1 1,518.6 -10,752.6 1,594.5 -13,046.9Foreign Currency Assets 15,699.6 2,53,609.2 15.8 -894.2 1,573.3 -6,116.7 1,775.9 -5,849.8Gold 1,303.6 21,227.3 -62.8 -538.1 -93.8 -4,464.7 -221.9 -6,962.0SDRs 273.7 4,422.5 -1.7 -46.9 38.3 94.9 36.1 -5.9Reserve Position in the IMF 125.9 2,034.6 -10.4 -177.9 0.8 -266.1 4.4 -229.2

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