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Monday, July 09, 2001

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Forex reserves up $177 million

MUMBAI, JULY 8. India's foreign currency reserves rose by $177 million to $ 43,455 million for the week ended June 29.

The foreign currency assets (FCA) were up by $ 177 million at $40,635 million, in reporting week, according to the Reserve Bank of India's latest weekly statistical supplement. Gold reserves and special drawing rights were at $ 2,816 million and $4 million respectively, same as in the previous week.

The foreign currency assets expressed in dollar terms include the effect of appreciation/ depreciation of non-U.S. currencies.

- PTI

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