India’s forex reserves went up by USD 75 million to stand at USD 175.519 billion during the week ended December 15 as against USD 175.444 billion during the week ended December eight.
The reserves were down by USD 45 million during the preceeding week ended December eight, compared to a week ago period.

The Foreign Currency Assets also increased by USD 79 million to USD 168.479 billion during the seven day period ended December 15, 2006, 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, Yen held in reserves.

The reserve position in the IMF also went down by four million to stand at USD 545 million.

Gold reserves and SDRs remained static at USD 6.494 billion and USD one million respectively. PTI

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