Forex reserves up $987mn to $155.20bn

Foreign exchange reserves increased $987 million to $155.196 billion for the week ended April 14, 2006, according to the weekly supplement released by the RBI on Friday.

Foreign currency assets moved up $989 million to $148.681 billion. Gold reserves and SDRs were steady at $5.755 billion and $3 million, respectively.

The Reserve Tranche Position in the IMF dropped $2 million to $757 million.