Forex reserves up $1.13bn at $272bn

Foreign exchange reserves increased $1.133 billion to $272.281 billion during the week ended November 23, according to data released by the Reserve Bank of India (RBI) today.

Foreign currency assets moved up $1.13 billion to $264.031 billion. Gold reserves and SDRs were unchanged at $7.81 billion and $3 million, respectively.

Reserve Position in the IMF was up $3 million at $436 million.