Sunday, Jan 18, 2004
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MUMBAI, JAN. 17. Foreign exchange reserves surged ahead by a record inflows of over $1.7 billion to touch $103.82 billion during the week ended January 9. The reserves grew by $1.721 billion due to inflows, foreign exchange remittances, dollar revaluation vis-a-vis other foreign currencies and stood at $103.824 billion, according to the Reserve Bank of India's weekly statistical supplement released here today. The foreign currency assets also rose by $1.721 billion to $99.606 billion, the RBI said. Gold reserves and special drawing rights were static at $4.215 billion and $3 million respectively during this period.
— PTI
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