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TABLE-India's forex reserves at $312.70 bln on May 9

Fri May 16, 2008 4:59pm IST
 
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 MUMBAI, May 16 (Reuters) - India's foreign exchange
reserves INFXR=ECI rose to $312.70 billion as on May 9, from
$312.50 billion a week earlier, the central bank said in its
weekly statistical supplement on Friday.
 The central bank said foreign currency assets, expressed in
dollar terms, included the effect of appreciation or
depreciation of other currencies held in its reserves such as
the euro, pound sterling and yen.
 The foreign exchange reserves include India's Reserve
Tranche Position in the International Monetary Fund, the
central bank said.
 ------------------------------------------------------------
 FOREIGN EXCHANGE RESERVES         (in million U.S. dollars)
 ------------------------------------------------------------
                               May 9     May 2      May 11
                                2008      2008       2007
 ------------------------------------------------------------
 Foreign currency assets        302,776   302,576     196,493
 Gold                             9,427     9,427       7,036
 SDRs                                18        18           1
 Reserve Tranche Position           479       479         461
 ------------------------------------------------------------
 Total                          312,700    312,500    203,991
 ------------------------------------------------------------
(Reporting by Mumbai Treasury Desk; Editing by Harish Nambiar)


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