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India's forex reserves up by USD 1.287 bn.


Date: 12-09-2009
Subject: India's forex reserves up by USD 1.287 bn
Mumbai, Sept 11 (PTI) India foreign exchange reserves increased by USD 1.287-billion to USD 277.649-billion for the week ended September 261.657-billion, up by USD 1.134-billion in the week as compared to USD 260.523-billion in the previous week, RBI said in its weekly data.

Foreign currency assets expressed in USD terms include the effect of appreciation or depreciation of non-US currencies (such as Euro, Sterling, Yen) held in reserves, RBI said.

During the week, gold reserves rose by USD 157-million to USD 9.828-billion.

The Special Drawing Rights (SDR) decreased by USD 3-million to USD 4.818-billion in the week as compared to USD 4.821-billion in the previous week, the Central Bank said.

The country's reserves position in the international monetary fund dipped by USD 1-million to USD 1.346-billion as against USD 1.347-billion in the previous week, RBI said.

Source : PTI

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