After witnessing only a marginal rise in inflows for three weeks, India's foreign exchange reserves rose by $1 billion to $142.54 billion for the week ended April 22, 2005.
The country's foreign exchange reserves now stand at $142.546 billion, an increase of $1.001 billion over last week's reserves of $141.545 billion, according to the RBI's weekly statistical supplement released in Mumbai on Saturday.
For three weeks up to April 15, foreign kitty accretion was of the order of less than $300 million every week as against high level of inflows seen in March. The marginal rise was mainly due to revaluation of international currencies and some inflows including remittances, analysts said.
The foreign currency assets were up by $985 million to reach $136.596 billion for the reporting week.
Gold reserves and SDRs remained static at $4.500 billion and $5 million, respectively.
The country's reserve tranche position in the IMF was up by $16 million to $1.430 billion.