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Oct. 14 (Bloomberg) -- India’s foreign-exchange reserves rose $749 million to $312.2 billion in the week ended Oct. 7, the Reserve Bank of India said in an e-mailed statement today.
Foreign-currency assets rose $763 million to $276.5 billion, while the nation’s gold reserves were unchanged at $28.7 billion, the central bank said.
India’s special drawing rights with the International Monetary Fund decreased $9 million to $4.5 billion while its reserves with the IMF contracted $5 million to $2.61 billion.
Total reserves climbed by $16.4 billion in the past year, the bank said.
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