2. Foreign Exchange Reserves - RBI

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Date: January 02, 1999



									Variation over
					As on Dec. 24, 1998				Week			End-March 1998			End-December 1997			Year
*Item*			Rs. Crore			US$ Mn.		Rs. Crore		US$ Mn.	Rs. Crore		US$ Mn.	Rs. Crore		US$ Mn.	Rs. Crore		US$ Mn.

1			2			3		4		5	6		7	8		9	10		11

Total Reserves			1,27,324			29,967		790		221	11,419		600	20,029		2,612	18,600		2,204
of which :

(a) Foreign Currency Assets			1,14,008			26,843		583		172	11,501		868	20,030		2,878	19,142		2,672

(b) Gold			12,963			3,041					-431		-350	-50		-272	-590		-473

(c) SDRs			353			83		207		49	349		82	49		6	48		5

Note:	1.	Foreign currency assets expressed in US dollar terms include the effect of revaluation of non-US currencies held in reserves.
	2.	For details regarding conversion to US dollar a reference may be made to the relevant Table in the Current Statistics Section of the RBI Bulletin.

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