<p>Foreign currency assets (FCAs), a major component of the reserves, grew by nearly $2.41 billion during the week to $255.68 billion. It was at $253.27 billion the week ago, the Reserve Bank of India said in its weekly report on Saturday.<br /><br />FCAs, expressed in US dollar terms, include the effect of appreciation or depreciation of non-US currencies such as euro, sterling and yen, held in the reserves, it said.<br /><br />During the week under review, the gold reserves remained static at $19.89 billion, while the Special Drawing Rights (SDRs) stood at $4.987 billion, down from $4.932 billion in the preceding week, the data showed.<br /><br />India’s reserve position in the IMF also inched up to $1.343 billion compared to $1.328 billion the week before, Reserve Bank of India data said.</p>
<p>Foreign currency assets (FCAs), a major component of the reserves, grew by nearly $2.41 billion during the week to $255.68 billion. It was at $253.27 billion the week ago, the Reserve Bank of India said in its weekly report on Saturday.<br /><br />FCAs, expressed in US dollar terms, include the effect of appreciation or depreciation of non-US currencies such as euro, sterling and yen, held in the reserves, it said.<br /><br />During the week under review, the gold reserves remained static at $19.89 billion, while the Special Drawing Rights (SDRs) stood at $4.987 billion, down from $4.932 billion in the preceding week, the data showed.<br /><br />India’s reserve position in the IMF also inched up to $1.343 billion compared to $1.328 billion the week before, Reserve Bank of India data said.</p>