Forex reserves rise to $129.72 bn
Mumbai: India's foreign exchange reserves rose to $129.72 billion for the week ended January 28 from $129.429 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on Saturday.

The central bank said foreign currency assets, expressed in US dollar terms, included the effect of appreciation or depreciation of other currencies held in its reserves such as the euro, pound sterling and yen. The foreign exchange reserves include India's Reserve Tranche Position (RTP) in the International Monetary Fund, the central bank said.

Foreign currency assets rose to $123,719 million for the week under review as against $123,433 million in the previous week, said RBI.
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