Forex kitty swells by $1.287 b


The country’s foreign currency assets rose to US$261.657 billion, up by US$1.134 billion in the week as compared to US$260.523 billion in the previous week, RBI said in its weekly data.

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, it said.
During the week, gold reserves rose by US$157-million to US$9.828-billion.

The Special Drawing Rights (SDR) decreased by US$3 million to US$4.818 billion in the week as compared to US$4.821-billion in the previous week, the central bank said. The country’s reserves position in the international monetary fund dipped by US$1 million to US$1.346 billion as against US$1.347 billion in the previous week.

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