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TABLE-India's forex reserves at $312.50 bln on May 2

Fri May 9, 2008 5:16pm IST
 
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 MUMBAI, May 9 (Reuters) - India's foreign exchange reserves
INFXR=ECI fell for a second week to $312.50 billion as on May
2, from $312.871 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 2  April 25      May 4
                                2008      2008       2007
 ------------------------------------------------------------
 Foreign currency assets        302,576   302,328     196,500
 Gold                             9,427    10,039       7,036
 SDRs                                18        18          11
 Reserve Tranche Position           479       486         462
 ------------------------------------------------------------
 Total                          312,500    312,871    204,009
 ------------------------------------------------------------
(Reporting by Mumbai Treasury Desk; Editing by Ramya Venugopal)


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