The reserves had dipped successively in previous two weeks by US$232 million for week ended December 21 and by US$599 million for week ended December 14.
Foreign Currency Assets (FCAs) increased by US$2.833 billion to US$266.767 billion against US$263.934 billion a week ago, the Reserve Bank data stated. FCAs 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 IMF increased by US$4 million to US$432 million during the week.
Gold reserves and Special Drawing Rights (SDRs) remained static at US$8.357 billion and US$3 million respectively, it added.
