India's foreign exchange reserve rose by $266 million during the week ending January 14, 2005, after a drop over $2 billion a week earlier.
The increase, mainly due to revaluation of international currencies, led the foreign exchange reserves grow to $129.378 billion for the period under review, the Reserve Bank of India said in its weekly statistical supplement.
Last week, the reserves were down by $2.066 billion, driven largely by revaluation of international currencies.
The foreign currency assets during the week also grew by $252 million to touch $123.374 billion, the RBI said.
Gold reserves and Special Drawing Rights remained static at $4.582 billion and $5 million, respectively, RBI said.