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Forex reserves @ $129.43 billion

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Last updated on: January 29, 2005 14:44 IST

India's foreign exchange reserves grew marginally by $51 million during the week ending January 21, 2005 to touch $129.43 billion.

Foreign currency assets during the week also grew by $59 million to touch $123.43 billion, the Reserve Bank said in its weekly statistical supplement in Mumbai on Saturday.

Gold reserves and special drawing rights remained static at $4.58 billion and $5 million respectively, the RBI said.

India's Reserve Tranche Position with International Monetary Fund declined by $8 million to reach $1.40 billion, it said.

Loans and advances to state governments rose by Rs 1,562 crore (Rs 15.62 billion) to Rs 3,213 crore (Rs 32.13 billion) while that to the central government showed a nil balance.
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