2. Foreign Exchange Reserves - RBI

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Date: October 24, 1998



									Variation over
					As on Oct. 16, 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			1,25,251			29,602		314		137	9,346		235	17,956		2,247	17,145		-308
of which :

(a) Foreign Currency Assets			1,12,510			26,603		313		137	10,003		628	18,532		2,638	17,928		431

(b) Gold			12,678			2,984		-		-	-716		-407	-335		-329	-737		-724

(c) SDRs			63			15		1		-	59		14	-241		-62	-46		-15

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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