Mumbai: India's foreign exchange reserves surged by USD 236.4 million to USD 319.475 billion in the week to January 9 on account of a jump in foreign currency assets.
The reserves had decreased by USD 471.4 million to USD 319.238 billion in the previous week.
The foreign currency assets (FCAs), a major constituent of overall reserves, jumped USD 308.5 million to USD 294.845 billion in the reporting week, RBI data showed today.
FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and yen, held in reserves.
The country's gold reserves remained unchanged at USD 19.377 billion.
Special Drawing Rights (SDRs) decreased by USD 56.7 million to USD 4.128 billion, while India's reserve position with the IMF dipped by USD 15.4 million to USD 1.123 billion during the week, the data showed.
