India's FX reserves at USD 308.534 bn as of May 20

India's foreign exchange reserves rose to USD 308.534 billion as of May 20 from USD 307.493 billion in the previous week, the Reserve Bank of India (RBI) said in its weekly statical supplement on Friday.

May 27, 2011 / 22:15 IST

India's foreign exchange reserves rose to USD 308.534 billion as of May 20 from USD 307.493 billion in the previous week, the Reserve Bank of India (RBI) said in its weekly statical supplement on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves like the euro, sterling and yen, the central bank said.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF), the central bank said.

first published: May 27, 2011 07:37 pm

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