Forex reserves up $1.43bn at $199.18bn

Foreign exchange reserves increased $1.43 billion to $199.18 billion during the week ended March 30, according to the weekly supplement released by the RBI today.

Foreign currency assets rose $1.53 billion to $191.9 billion. While gold reserves declined $99 million to $6.78 billion, SDRs were unchanged at $2 million.

The Reserve Tranche Position with the IMF was unchanged at $469 million.