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2. Foreign Exchange Reserves
82024650

2. Foreign Exchange Reserves

Variation over

Item

As on May 21, 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

5,37,084

1,18,572

–1,519

–56

46,955

5,613

66,612

15,421

1,54,297

37,054

(a) Foreign Currency Assets

5,12,641

1,13,091

–1,583

–74*

46,426

5,643

67,409

15,474

1,49,203

35,665

(b) Gold

18,598

4,191

382

–7

–627

–24

2,550

802

(c) SDRs

8

2

–2

–5

–1

2

1

(d) Reserve Position in the IMF**

5,837

1,288

64

18

149

–23

–165

–28

2,542

586



* : 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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