Forex reserves up $178 m

India’s foreign exchange (forex) reserves rose by $177.8 million to $293.28 billion in the week ended January 10. Foreign currency assets were up $190.3 million to $267.14 billion during the reporting week. There was no change in the country’s gold reserves valued at $19.72 billion. Special Drawing Rights and country’s reserve position in the International Monetary Fund was down $8.6 million and $3.9 million, respectively.