Forex reserves up by 1.13 bn to USD 272.28 bn

Country's foreign exchange reserves rose by USD 1.13 billion, for the week ended November 24, to USD 272.281 billion, from USD 271.14 billion in the previous week. The forex reserves had gone up by USD 967 million, for the week ended November 16, to USD 271.14 billion. Foreign Currency Assets went up USD 1.13 Billion to USD 264.031 Billion, during the period, while the gold reserves stood at USD 7.811 billion, RBI's weekly statistical supplement stated on Friday. 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, the statement said.
Country's Reserve Position in the International Monetary Fund (IMF) went up by USD 3 million, to USD 436 million, as compared to USD 433 million, in the previous week, the statement added.
Source:- http://www.headlinesindia.com/archive_html/01December2007_64572.html