Forex reserves zoom $5bn to $256bn

Foreign exchange reserves increased $5.356 billion to $256.686 billion for the week ended October 12, according to data released by RBI today.

Foreign currency assets were up $5.356 billion to $248.880 billion.

Gold reserves, SDRs and Reserve Position in the IMF were steady at $7.367 billion, $2 million, and $437 million, respectively.