Forex reserves jumped higher by USD 2,834 million to touch USD 255,160 million as on Apr. 3, 2009, mainly due to a rise in foreign currency and assets collections on a weekly basis.
As per the weekly statistical supplement of the Reserve Bank of India (RBI) released on Apr 10, 2009, foreign currency assets increased by USD 3,000 million to stand at USD 244,597 million.
During the same period, the reserve position in the International Monetary Fund (IMF) increased by USD 3 million at USD 985 million. The gold reserves declined by USD 169 million to stand at USD 9,577 million.
Foreign currency assets expressed in USD include the effect of appreciation or depreciation on non-US currencies (such as Euro, Sterling and Yen) held in reserves.
Source : www.myiris.com