The reserves had grown by US$696 million to US$276.255 billion a week before. Foreign Currency Assets (FCAs) increased by US$5.473 billion to US$272.964 billion as against US$267.491 billion a week ago, as per the Reserve Bank data. Foreign Currency Assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies such as the Euro, Pound Sterling and Yen, held in its reserves, it said.
Country’s reserve position in the International Monetary Fund (IMF) increased by US$1 million to US$434 million during the week. Gold reserves and Special Drawing Rights (SDRs) remained static at US$8.328 billion and at US$3 million, respectively.
