India's FX reserves at $284.391 bln as on Oct. 30

Fri, Nov 6 05:10 PM

An employee shows dollar notes at a foreign exchange unit at a post office in... Enlarge Photo An employee shows dollar notes at a foreign exchange unit at a post office in...

India's foreign exchange reserves fell to $284.391 billion as on Oct. 30, from $285.520 billion a week earlier, the central bank said in its weekly statistical supplement on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves such as the euro, pound sterling and yen, the central bank said.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund, the Reserve Bank of India said.

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FOREIGN EXCHANGE RESERVES (in million U.S. dollars)

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Oct. 30 Oct. 23 Oct. 31

2009 2009 2008

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Foreign currency assets 266,768 268,348 244,045

Gold 10,800 10,316 8,382

SDRs 5,242 5,267 9

Reserve Tranche Position 1,581 1,589 447

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Total 284,391 285,520 252,883

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(Reporting by Mumbai Treasury Desk)

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