India Forex Reserves up by one billion

India's forex reserves moved up to a record 315 billion dollars for the week ended june 6th. Foreign currency assets stood at 305 billion and include the appreciation or depreciation of the Non-US Dollar currencies such as Yen, Pound and Euro.

Gold reserves and Special Drawing Rights, during the week, stood static at USD 9.202 billion and USD 11 million respectively, it said.

The country's reserve position in the International Monetary Fund, during the seven-day period, stood at USD 527 million as against USD 526 million in the previous week.