After dipping for two weeks, the country's foreign exchange kitty rose by $1.45 billion to $294.98 billion for the week ending November 23 amid increase in foreign currency assets, RBI said today.
After dipping for two weeks, the country's foreign exchange kitty rose by $1.45 billion to $294.98 billion for the week ending November 23 amid increase in foreign currency assets, RBI said today.
The total reserves had slipped by $32.7 million to $293.53 billion in the previous reporting week.
Foreign currency assets, a major component of the forex reserves, were up by $1.44 billion to $260.13 billion
during the week ended November 23, the RBI said in its weekly statistical supplement.
Foreign currency assets expressed in US dollar terms include the effect of appreciation/depreciation of the non-US currencies, such as the euro, pound and yen, held in the reserves, the apex bank said.
The gold reserves remained unchanged at $28.19 billion during the week, the apex bank said.
For the week under review, the special drawing rights (SDRs) were up by $15.1 million to $4.402 billion while
the country's reserve position with the IMF was down by $20.5 million to $2.250 billion, according to RBI data.
Sign Up with Google
RECOMMENDED FOR YOU
POPULAR