Forex reserves up $500 million at $310 billion

May 03 2014, 04:30 IST
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SummaryGold reserves remained unchanged at $21.566 billion, as per RBI data.

Foreign exchange reserves shot up by $499.8 million to $309.913 billion in the week to April 25 on an increase in the currency assets.

Last week, after rising for seven consecutive weeks, the total reserves had marginally declined by $31.6 million to $309.413 billion. Foreign currency assets (FCAs), a major part of the overall reserves, surged $493.2 million to $282.029 billion for the period under review, RBI said.

Gold reserves remained unchanged at $21.566 billion, as per RBI data.

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