Forex reserves jump $1.9 billion to $ 281 billion
Oct 25 2013 , Mumbai
In the previous reporting week, the reserves had increased by $ 1.51 billion to $ 279.24 billion.
Foreign currency assets (FCAs), which form the largest chunk of the reserves, jumped $ 1.8 billion to $ 252.7 billion in the week under review, the RBI said.
FCAs, expressed in dollar terms, include the effect of appreciation or depreciation of the non-US currencies such as the euro, pound and yen, held in the reserves.
The gold reserves remained unchanged at $ 21.765 billion in the week under review, while the special drawing rights increased by $ 25.6 million to $ 4.46 billion, according to RBI data.
India's reserve position with the IMF rose by $ 12.7 million to $ 2.205 billion, the data showed.