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Forex reserves up by $952 million

July 08, 2006 13:38 IST
Source:PTI

India's forex reserves increased by $952 million to stand at $162.912 billion during the week ended on June 30, as against $161.960 billion during the week ended June 23.

The reserves had decreased by $1.073 billion during the preceding week ended June 23 , 2006, compared to a week ago period.

Foreign currency assets also increased by $1.791 billion to $155.968 billion during the seven-day period ended June 30, according to figures released by the Reserve Bank of India.

Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as euro, sterling and yen held in reserves.

Reserve position in the International Monetary Fund declined by $9 million to $764 million.
Source: PTI
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