Forex reserves up by $77.6 mn

RBI data showed gold remained unchanged at $27 billion over the fortnight

India's foreign exchange reserves increased by $77.6 million to $296 billion in the fortnight ended January 25, 2013. The increase was mainly on account of rise in foreign currency assets which grew by $79.3 million the same period.

Data from the Reserve Bank of India (RBI) showed that gold remained unchanged at $27 billion over the fortnight. The Special Drawing Rights were down by $1.1 million to $4.4 billion and the Reserve Position at International Monetary Fund was down by $0.6 million to $2.4 billion in the fortnight ended January 25, 2013.