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Sunday, November 11, 2001

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Forex reserves up $407m

MUMBAI, NOV. 10. Foreign currency reserves witnessed a $407 million jump on account of fresh inflows at $45.57 billion during the week ended November 2. Foreign currency assets rose by $394 million to $42.62 billion, according to the Reserve Bank of India's weekly statistical supplement here today. While special drawing rights grew by $1 million to $10 million, gold reserves spurted by $12 million to $2.94 billion.

FCA expressed in dollar terms include the effect of appreciation/depreciation of non-U.S. currencies such as Euro, pound sterling and yen held in reserves.

- PTI

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