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Forex reserves down by $66 mn

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January 28, 2006 16:56 IST

India's forex reserves decreased by 466 million to stand at 4139.44 billion during the week ended January 20, 2005 against $139.51 billion during the preceding week.

The reserves had increased by $158 million during the preceding week ended January 13, 2006 compared to a week ago period.

Foreign currency assets decreased by $62 million to $133.246 billion during the 7-day period ended January 20, according to figures released by the Reserve Bank of India.

Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as euro, sterling, yen held in reserves.

Reserve position in the IMF decreased by $4 million to $919 million.

Gold reserves and SDRs remained static at $5.27 billion and $5 million respectively, it added.
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