Forex reserves increase by $158 mn

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January 20, 2006 19:51 IST

India's foreign exchange reserves increased by $158 million s to stand at $139.51 billion during the week ended January 13, 2005 against $139.35 billion during the preceding week.

The reserves had increased by $2.14 billion during the preceding week ended January 6, 2006 compared to a week-ago period.

Foreign currency assets increased by $154 million to $133.308 billion during the 7-day period ended January 13, 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 IMF increased by $4 million to $923 million.

Gold reserves and SDRs remained static at $5.27 billion and $5 million respectively, it added.
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