India's total FX reserves $282.791bln on Aug 13, dn $4.56 bln on wk
MUMBAI, AUG 20 (TickerNews Service): India's foreign exchange reserves, including gold and Special Drawing Rights, fell $4.56 billion from a week ago to $282.791 billion in the week to Aug 13, according to the Weekly Statistical Supplement released by Reserve Bank of India on Friday.
Foreign exchange reserves were up $11.766 billion from a year ago.
In week to Aug 13, foreign currency assets fell $4.49 billion from a week ago to $256.591 billion.
Reserves held in the form of gold remained unchanged at $19.278 billion from a year ago.
RBI publication detailed the reserves, in billion U.S. dollars, as of Aug 13, as follows:
.................Change over...........
Aug 13 week end-Mar end-Dec year
Total reserves 282.791 -4.565 3.734 -0.679 11.766
Forex assets* 256.591 -4.488* 1.906 -1.992 -3.419
Gold 19.278 - 1.292 0.986 9.607
SDRs 4.985 -0.056 -0.021 -0.184 4.985
Reserve position
in IMF** 1.937 -0.021 0.557 0.511 0.593
All figures in billion
* Foreign currency assets in U.S. dollars include the effect of appreciation/depreciation of non-U.S. currencies (such as euro, sterling, yen) held in reserves. For details, please refer to the Current Statistics section of the RBI Bulletin.
** Reserve Position in International Monetary Fund, i.e. Reserve Tranche Position (RTP) which was shown as a memo item from May 23, 2003 to Mar 26, 2004 has been included in the reserves from the week ended Apr 2, 2004 in keeping with international best practice.