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2. Foreign Exchange Reserves
82009657

2. Foreign Exchange Reserves

Variation over

Item

As on May 14, 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

5,38,603

1,18,628

8,579

49

48,474

5,669

68,131

15,477

1,60,518

38,438

(a) Foreign Currency Assets

5,14,224

1,13,165

8,578

70*

48,009

5,717

68,992

15,548

1,56,761

37,335

(b) Gold

18,598

4,191

382

–7

–627

–24

2,550

802

(c) SDRs

8

2

–2

–2

–5

–1

–18

–4

(d) Reserve Position in the IMF**

5,773

1,270

3

–21

85

–41

–229

–46

1,225

305

* : 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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