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FE kitty up $2 billion to $320 billion

Last Updated 05 November 2011, 17:54 IST

Total forex reserves had risen by US$858 million in the previous reporting week to US$318.358 billion.

Foreign currency assets, biggest component of foreign reserves, were up by US$1.931 billion for the reporting week to US$284.445 billion for the week ended October 28.

Gold reserves remained unchanged at US$28.667 billion. Both special drawing rights (SDRs) and reserve position in the IMF were up during the reporting week. The SDRs increased US$64 million to US$4.606 billion while India’s reserve position in the IMF also increased by US$37 million to US$2.672 billion.

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(Published 05 November 2011, 17:54 IST)

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