Source: IRIS (03 April 2009)
Forex reserves decreased by USD 1,500 million to touch USD 252,326 million as on Mar 27, 2009, mainly due to a fall in foreign currency and assets collections on a weekly basis.
As per the weekly statistical supplement of the Reserve Bank of India (RBI) released on Apr 3, 2009, foreign currency assets decreased by USD 1,641 million to stand at USD 241,597 million.
During the same period, the reserve position in the International Monetary Fund (IMF) increased by USD 141 million at USD 982 million. The gold reserves remained steady at USD 9,746 million.
Foreign currency assets expressed in USD include the effect of appreciation or depreciation on non-US currencies (such as Euro, Sterling and Yen) held in reserves.
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