Mumbai, January 22: India’s foreign exchange reserves climbed by USD 899 million for the week ended January 15 to USD 285.161 billion.
Previous week they stood at USD 284.262 billion.
Foreign currency assets, during the week, went up USD 853 million to USD 260.259 billion against USD 259.406 billion in the week-ago period, the Reserve Bank said in its weekly statistical supplement.
Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as euro, sterling and yen held in the reserves, the RBI said.
Gold reserves, during the week, remained static at USD 18.292 billion, while Special Drawing Rights rose to USD 5.181 billion compared to USD 5.145 billion in the previous week, the apex bank said.
India’s reserve position in the International Monetary Fund jumped marginally to USD 1.429 billion during the week compared to USD 1.
–Agencies