MUMBAI India's foreign exchange reserves were at $296.63 billion as of December 14, compared with $294.99 billion in the previous week, the central bank said in its weekly statistical 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, the Reserve Bank of India said.
Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).
(Reporting by Shamik Paul)
Trending On Reuters
The Reserve Bank of India (RBI) has not said it is done with interest rate cuts and will keep a close eye on incoming data, Governor Raghuram Rajan told CNBC in an interview. Read | RBI more likely to cut rates in Sept - Reuters poll