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Forex reserves up at $107.67 billion
February 28, 2004 17:33 IST
India's foreign exchange reserves surged ahead with further accretion of $169 million due to fresh inflows and revaluation of the US currency vis-a-vis other currencies for the week ended February 20.
The foreign exchange reserves stood at $107.675 billion following inflows of $169 million, according to the Reserve Bank of India's weekly statistical bulletin released in Mumbai on Saturday.
The foreign currency assets also saw a similar increase of $169 million to touch $103.384 billion, it said.
Gold reserves and special drawing rights during this period remained static at $4.289 billion and $2 million, respectively.