Research and Publications

Variation over Item As on Nov. 12, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,58,501 1,23,538 7,117 1,314 68,372 10,579 88,029 20,387 1,28,253 28,663 (a) Foreign Currency Assets 5,32,661 1,17,845 7,098 1,312* 66,446 10,397 87,429 20,228 1,25,688 28,105 (b) Gold 19,776 4,351 — — 1,560 153 551 136 2,008 431 (c) SDRs 22 5 –2 — 12 3 9 2 10 2 (d

Variationover ItemAs on Nov.5, 2004Week End-March2004End-December2003Year Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn.Rs.CroreUS$ Mn. 1234567891011 Total Reserves5,51,3841,22,2243361,04661,2559,26580,91219,0731,23,81227,819 (a) Foreign Currency Assets5,25,5631,16,533–69882*59,3489,08580,33118,9161,21,18127,246 (b) Gold19,7764,3514271591,5601535511362,008431 (c) SDRs245——14311281 (d) Reserve Position in the IMF**6,0211,335–225333241919615141 * : Foreign

Variation over Item As on Oct. 29, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,51,048 1,21,178 –1,177 562 60,919 8,219 80,576 18,027 1,25,932 27,375 (a) Foreign Currency Assets 5,25,632 1,15,651 –1,187 550* 59,417 8,203 80,400 18,034 1,23,760 26,977 (b) Gold 19,349 4,192 — — 1,133 –6 124 –23 1,581 272 (c) SDRs 24 5 17 4 14 3 11 2 8 1 (d) Res

Variation over Item As on Oct. 22, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,52,225 1,20,616 3,449 980 62,096 7,657 81,753 17,465 1,29,998 27,515 (a) Foreign Currency Assets 5,26,819 1,15,101 3,395 966* 60,604 7,653 81,587 17,484 1,28,055 27,132 (b) Gold 19,349 4,192 — — 1,133 –6 124 –23 1,382 273 (c) SDRs 7 1 1 — –3 –1 –6 –2 –10 –3 (d) Re

Variation over Item As on Oct. 15, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,48,776 1,19,636 1,868 332 58,647 6,677 78,304 16,485 1,29,023 27,120 (a) Foreign Currency Assets 5,23,424 1,14,135 1,837 326* 57,209 6,687 78,192 16,518 1,27,101 26,743 (b) Gold 19,349 4,192 — — 1,133 –6 124 –23 1,382 273 (c) SDRs 6 1 — — –4 –1 –7 –2 –10 –3 (d) Re

Variation over Item As on Oct. 8, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,46,908 1,19,304 –946 20 56,779 6,345 76,436 16,153 1,31,219 27,742 (a) Foreign Currency Assets 5,21,587 1,13,809 –928 21* 55,372 6,361 76,355 16,192 1,29,369 27,379 (b) Gold 19,349 4,192 — — 1,133 –6 124 –23 1,382 273 (c) SDRs 6 1 — — –4 –1 –7 –2 –11 –3 (d) Reserve

Variation over Item As on Oct. 1, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,47,854 1,19,284 2,060 515 57,725 6,325 77,382 16,133 1,43,379 30,343 (a) Foreign Currency Assets 5,22,515 1,13,788 1,896 462* 56,300 6,340 77,283 16,171 1,41,492 29,973 (b) Gold 19,349 4,192 163 52 1,133 –6 124 –23 1,382 273 (c) SDRs 6 1 — — –4 –1 –7 –2 –10 –3 (d)

Variation over Item As on Sep. 24, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,45,794 1,18,769 3,138 410 55,665 5,810 75,322 15,618 1,30,591 28,250 (a) Foreign Currency Assets 5,20,619 1,13,326 3,110 407* 54,404 5,878 75,387 15,709 1,27,957 27,723 (b) Gold 19,186 4,140 — — 970 –58 –39 –75 2,128 420 (c) SDRs 6 1 — — –4 –1 –7 –2 –10 –3 (d) Res

Variation over Item As on Sep. 17, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,42,656 1,18,359 –4,543 104 52,527 5,400 72,184 15,208 1,30,540 28,625 (a) Foreign Currency Assets 5,17,509 1,12,919 –4,489 103* 51,294 5,471 72,277 15,302 1,27,876 28,087 (b) Gold 19,186 4,140 — — 970 –58 –39 –75 2,128 420 (c) SDRs 6 1 –1 — –4 –1 –7 –2 –10 –3 (d)

Variation over Item As on Sep. 10, 2004 Week End-March2004 End-December 2003 Year Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. Rs.Crore US$ Mn. 1 2 3 4 5 6 7 8 9 10 11 Total Reserves 5,47,199 1,18,255 2,577 679 57,070 5,296 76,727 15,104 1,39,619 29,231 (a) Foreign Currency Assets 5,21,998 1,12,816 2,585 680* 55,783 5,368 76,766 15,199 1,36,840 28,684 (b) Gold 19,186 4,140 — — 970 –58 –39 –75 2,128 420 (c) SDRs 7 1 — — –3 –1 –6 –2 –9 –3 (d) Rese