Forex reserves down at $284.3 billion

Agencies

Posted: Friday, Nov 06, 2009 at 1957 hrs IST
Updated: Friday, Nov 06, 2009 at 1957 hrs IST


Font Size

Print

Feedback

Email

Discuss
  • Discount UK Shopping

Mumbai: India's foreign exchange reserves fell to to USD 284.391 billion for the week ended October 30.

In the previous week, it stood at USD 285.520 billion.

Foreign currency assets during the period declined to USD 266.768 billion as compared to USD 268.348 billion in the previous week, RBI said in its weekly report on Friday.

Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as euro, sterling, yen held in reserves, the RBI said.

Gold reserves during the week went up to USD 10.800 billion as compared to USD 10.316 billion while the Special Drawing Rights (SDRs) fell to USD 5.242 billion as against USD 5.267 billion, the RBI said.

India's reserve position in the international monetary fund fell to USD 1.581 billion from USD 1.589 billion last week, the central bank said.

More from Economy

Discuss this story on expressindia forums

Post Comments

Comments: (Limit 3,000 characters)
Name
Message
Email ID
Subject
TERMS OF USE:
The views, opinions and comments posted are your, and are not endorsed by this website. You shall be solely responsible for the comment posted here. The website reserves the right to delete, reject, or otherwise remove any views, opinions and comments posted or part thereof. You shall ensure that the comment is not inflammatory, abusive, derogatory, defamatory &/or obscene, or contain pornographic matter and/or does not constitute hate mail, or violate privacy of any person (s) or breach confidentiality or otherwise is illegal, immoral or contrary to public policy. Nor should it contain anything infringing copyright &/or intellectual property rights of any person(s).
I agree to the terms of use.

Comments
Express Classifieds
Post and view free classifieds ad
Express Astrology
Know what's in the stars for you