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2. Foreign Exchange Reserves
82037194

2. Foreign Exchange Reserves

Variation over

Item

As on Jul. 16, 2004

Week

End-March2004

End-December 2003

Year

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

5,59,071

1,21,106

6,303

328

68,942

8,147

88,599

17,955

1,65,720

36,039

(a) Foreign Currency Assets

5,34,358

1,15,737

6,265

332*

68,143

8,289

89,126

18,120

1,62,679

35,339

(b) Gold

18,655

4,057

439

–141

–570

–158

1,473

359

(c) SDRs

9

2

1

–1

–4

–1

–16

–3

(d) Reserve Position in the IMF**

6,049

1,310

37

–4

361

–1

47

–6

1,584

344

* : Foreign currency assets expressed in US dollar terms include the effect of appreciation/depreciation of
non-US currencies (such as Euro, Sterling, Yen) held in reserves. For details, please refer to the Current Statistics section of the RBI Bulletin.

** : Reserve Position in the International Monetary Fund (IMF),i.e., Reserve Tranche Position (RTP) which was
shown as a memo item from May 23, 2003 to March 26, 2004 has been included in the reserves from the week
ended April 2, 2004 in keeping with the international best practice.



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