By IRNA,
New Delhi : India`s foreign exchange reserves rose by $ 482 million to $ 312.367 billion for the week ended April 11 from $311.885 billion in the previous week.
Foreign Currency Assets (FCAs) shot up to $ 301.820 billion during the period, up $ 426 million from $ 301.394 billion, PTI reported quoting Reserve Bank of India (RBI) as said in its report in Mumbai.
The FCAs expressed in US dollar include the effect of appreciation or depreciation of non-US currencies such as Euro, sterling and yen held in reserve, RBI said.
India`s reserve position in the International Monetary Fund rose by $ 56 million to $ 490 million from $ 434 million in the previous week.
During the period, gold reserves and special drawing rights remained static at $ 10.039 billion and $ 18 million respectively, it added.