Forex reserves rise by USD 1.342 bn to record USD 163.755 bn

Mumbai, May 19 (UNI) The foreign exchange reserves went up by US dollar 1.342 billon to record USD 163.755 billion for the week ended on May 12, as per the weekly statistical supplement released by the Reserve Bank of India (RBI).

The forex reserves had gone up by USD 1.736 billon to record USD 162.413 billion for the week ended on May 5.

The foreign currency assets went up by USD 1.337 billion to USD 156.666 billion.

Gold reserves remained unchanged at USD 6.301 billion and Special Drawing Rights (SDRs) declined by USD 6 million to nil.

Reserve position in the IMF went up by USD 11 million to USD 788 million.

Loans and advances of the Central Government remained nil as on April 28 and that of state government dceclined by Rs 2,137 crore.

Aggregate deposits of the scheduled commercial banks as on April 28 went up by Rs 23,845 crore to Rs 21,36,945 crore.

Bank credit was down by Rs 5,150 crore to Rs 14,87,171 crore.

Food credit rose up by Rs 4,275 crore to Rs 37,258 crore and the non-food credit was down by Rs 9,425 crore to Rs 14,49,913 crore.

UNI RRP-VS SSS SKB1922