Forex reserves up $297mn at $141.20bn

Foreign exchange reserves moved up $297 million to $141.204 billion for the week ended April 1, 2005, according to the weekly supplement released by the Reserve Bank of India today.

Foreign currency assets increased $173 million to $135.262 billion. Gold reserves were up $124 milion to $4.50 billion. SDRs and the Reserve Tranche Position (RTP) with the IMF were unchanged at $5 million and $1.437 billion, respectively.