FX reserves up $945.6 mn

The country's foreign exchange reserves rose $945.6 million for the week ending October 17 to $313.68 billion, show Reserve Bank of India (RBI) data released on Friday.

Foreign currency assets, a key component of reserves, rose $914.1 million to $287.80 billion. Gold reserves remained unchanged during the week at $20.01 billion.

For the week under review, the Special Drawing Rights (SDRs) rose $23.1 million to $4.32 billion.

While the country's reserve position with the International Monetary Fund was up $8.4 million to $1.55 billion.