Annual Report


Note : To read the chapter of your choice, please click on the links below. You can also read past reports by accessing the archives in the right panel.
(31 kb) or (55 kb)
Date : Aug 23, 2012
India's Foreign Exchange Reserves

End of Month

Foreign Exchange Reserves (` billion)

Foreign Exchange Reserves (US $ million)

Total Foreign Exchange Reserves (in SDR million)

Movement in Foreign Exchange Reserves (in SDR million)*

SDRs

Gold #

Foreign Currency Assets

Reserve Tranche Position in IMF

Total (2+3+ 4+5)

SDRs

Gold #

Foreign Currency Assets

Reserve Tranche Position in IMF

Total (7+8+ 9+10)

1

2

3

4

5

6

7

8

9

10

11

12

13

Mar-94

3.39

128

473

9

614

108

4,078

15,068

299

19,553

13,841

6,595

Mar-95

0.23

138

660

11

808

7

4,370

20,809

331

25,517

16,352

2,511

Mar-96

2.80

157

584

11

754

82

4,561

17,044

310

21,997

15,054

-1,298

Mar-97

0.07

146

804

10

960

2

4,054

22,367

291

26,714

19,272

4,218

Mar-98

0.04

134

1025

11

1170

1

3,391

25,975

283

29,650

22,200

2,929

Mar-99

0.34

126

1254

28

1408

8

2,960

29,522

663

33,153

24,413

2,213

Mar-00

0.16

130

1529

29

1688

4

2,974

35,058

658

38,694

28,728

4,315

Mar-01

0.11

127

1845

29

2001

2

2,725

39,554

616

42,897

34,034

5,306

Mar-02

0.50

149

2491

30

2670

10

3,047

51,049

610

54,716

43,876

9,842

Mar-03

0.19

168

3415

32

3615

4

3,534

71,890

672

76,100

55,394

11,518

Mar-04

0.10

182

4662

57

4901

2

4,198

107,448

1,311

112,959

76,298

20,904

Mar-05

0.20

197

5931

63

6191

5

4,500

135,571

1,438

141,514

93,666

17,368

Mar-06

0.12

257

6473

34

6764

3

5,755

145,108

756

151,622

105,231

11,565

Jun-06

0.02

285

7187

35

7507

6,180

155,968

764

162,912

110,123

4,892

Sep-06

0.06

285

7277

35

7597

1

6,202

158,340

762

165,305

111,967

6,736

Dec-06

0.04

288

7527

24

7840

1

6,517

170,187

546

177,251

117,822

12,591

Mar-07

0.08

296

8366

20

8682

2

6,784

191,924

469

199,179

131,890

26,659

Jun-07

0.06

277

8399

19

8694

1

6,787

206,114

460

213,362

140,780

8,890

Sep-07

0.08

293

9536

17

9846

2

7,367

239,955

438

247,762

159,164

27,274

Dec-07

0.13

328

10505

17

10850

3

8,328

266,553

432

275,316

174,223

42,333

Mar-08

0.74

401

11960

17

12380

18

10,039

299,230

436

309,723

188,339

56,449

Jun-08

0.48

395

12986

23

13404

11

9,208

302,340

528

312,087

191,040

2,701

Sep-08

0.17

402

13016

22

13441

4

8,565

277,300

467

286,336

183,876

-4,463

Dec-08

0.13

411

11948

42

12402

3

8,485

246,603

877

255,968

166,184

-22,155

Mar-09

0.06

488

12301

50

12839

1

9,577

241,426

981

251,985

168,544

-19,795

Jun-09

0.02

469

12163

60

12692

1

9,800

254,093

1,248

265,142

170,814

2,270

Sep-09

251

496

12700

66

13513

5,224

10,316

264,373

1,365

281,278

177,533

8,989

Dec-09

241

854

12071

67

13232

5,169

18,292

258,583

1,426

283,470

180,820

12,276

Mar-10

226

812

11497

62

12597

5,006

17,986

254,685

1,380

279,057

183,803

15,259

Jun-10

227

927

11633

61

12848

4,875

19,894

249,628

1,313

275,710

186,429

2,626

Sep-10

230

922

11914

90

13156

5,130

20,516

265,231

1,993

292,870

188,197

4,394

Dec-10

228

1007

12001

88

13324

5,078

22,470

267,814

1,972

297,334

193,070

9,267

Mar-11

204

1026

12249

132

13610

4,569

22,972

274,330

2,947

304,818

192,254

8,451

Jun-11

206

1103

12676

133

14119

4,614

24,668

283,458

2,975

315,715

197,266

5,012

Sep-11

220

1403

13490

128

15241

4,504

28,667

275,699

2,612

311,482

199,461

7,207

Dec-11

236

1418

14006

144

15805

4,429

26,620

262,933

2,706

296,688

193,248

994

Mar-12

229

1383

13305

145

15061

4,469

27,023

260,069

2,836

294,397

190,045

-2,209

– : Negligible.
# : Gold has been valued close to international market price.
* : Variations over the previous March.
Note : 1. Gold holdings include acquisition of gold worth US$ 191 million from the Government during 1991-92, US$ 29.4 million during 1992-93, US$ 139.3 million during 1993-94, US$ 315.0 million during 1994-95 and US$ 17.9 million during 1995-96. On the other hand, 1.27 tonnes of gold amounting to `435.5 million (US$11.97 million), 38.9 tonnes of gold amounting to `14.85 billion (US$ 376.0 million) and 0.06 tonnes of gold amounting to `21.3 million (US$ 0.5 million) were repurchased by the Central Government on November 13, 1997, April 1, 1998 and October 5, 1998 respectively for meeting its redemption obligation under the Gold Bond Scheme.
2. Conversion of foreign currency assets into US dollar was done at exchange rates supplied by the IMF up to March 1999. Effective April 1, 1999, the conversion is at New York closing exchange rate.
3. Foreign currency assets excludes US$ 250.00 million (as also its equivalent in Indian Rupee) invested in foreign currency denominated bonds issued by IIFC (UK) since March 20, 2009, excludes US$ 380.00 million since September 16, 2011, US$ 550.00 million since February 27, 2012 and US$ 673.00 million since 30th March 2012.


Top