Research and Publications

Variation over Item As on Jan. 21, 2005 Week End-March2004 End-December 2004 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 5,66,552 1,29,429 –647 51 76,423 16,470 –5,126 –1,749 87,602 23,864 (a) Foreign Currency Assets 5,40,392 1,23,433 –603 59* 74,177 15,985 –5,074 –1,731 86,704 23,414 (b) Gold 19,969 4,582 — — 1,753 384 — — 744 367 (c) SDRs 22 5 — — 12 3 — — 9 2 (d) Reserve Position i

Variation over Item As on Jan. 14, 2005 Week End-March2004 End-December 2004 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 5,67,199 1,29,378 1,415 266 77,070 16,419 –4,479 –1,800 92,445 24,936 (a) Foreign Currency Assets 5,40,995 1,23,374 1,350 252* 74,780 15,926 –4,471 –1,790 91,458 24,466 (b) Gold 19,969 4,582 — — 1,753 384 — — 744 367 (c) SDRs 22 5 — — 12 3 — — 9 2 (d) Reserve Positi

Variation over Item As on Jan. 7, 2005 Week End-March2004 End-December 2004 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 5,65,784 1,29,112 –5,894 –2,066 75,655 16,153 –5,894 –2,066 87,303 23,962 (a) Foreign Currency Assets 5,39,645 1,23,122 –5,821 –2,042* 73,430 15,674 –5,821 –2,042 86,436 23,516 (b) Gold 19,969 4,582 — — 1,753 384 — — 744 367 (c) SDRs 22 5 — — 12 3 — — 9 2 (d) Reserve

Variation over Item As on Dec. 31, 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 5,71,678 1,31,178 –2,726 163 81,549 18,219 1,01,206 28,027 1,00,184 27,759 (a) Foreign Currency Assets 5,45,466 1,25,164 –2,375 115* 79,251 17,716 1,00,234 27,547 99,208 27,279 (b) Gold 19,969 4,582 –347 42 1,753 384 744 367 744 367 (c) SDRs 22 5 — — 12 3 9 2 9 2 (d

Variation over Item As on Dec. 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 5,74,404 1,31,015 –1,045 394 84,275 18,056 1,03,932 27,864 1,09,814 29,119 (a) Foreign Currency Assets 5,47,841 1,25,049 –1,064 383* 81,626 17,601 1,02,609 27,432 1,07,768 28,500 (b) Gold 20,316 4,540 — — 2,100 342 1,091 325 1,766 502 (c) SDRs 22 5 — — 12 3 9 2 9 2

Variation over Item As on Dec. 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 5,75,449 1,30,621 –3,190 924 85,320 17,662 1,04,977 27,470 1,14,211 29,331 (a) Foreign Currency Assets 5,48,905 1,24,666 –3,146 915* 82,690 17,218 1,03,673 27,049 1,11,877 28,658 (b) Gold 20,316 4,540 — — 2,100 342 1,091 325 1,766 502 (c) SDRs 22 5 — — 12 3 9 2 9 2

Variation over Item As on Dec. 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 5,78,639 1,29,697 113 –1,020 88,510 16,738 1,08,167 26,546 1,22,301 29,505 (a) Foreign Currency Assets 5,52,051 1,23,751 107 –1,010* 85,836 16,303 1,06,819 26,134 1,19,890 28,833 (b) Gold 20,316 4,540 — — 2,100 342 1,091 325 1,766 502 (c) SDRs 22 5 — — 12 3 9 2 9 2

Variation over Item As on Dec. 3, 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 5,78,526 1,30,717 6,807 3,794 88,397 17,758 1,08,054 27,566 1,27,929 31,973 (a) Foreign Currency Assets 5,51,944 1,24,761 6,143 3,553* 85,729 17,313 1,06,712 27,144 1,25,494 31,282 (b) Gold 20,316 4,540 540 189 2,100 342 1,091 325 1,766 502 (c) SDRs 22 5 — — 12 3 9 2

Variation over Item As on Nov. 26, 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 5,71,719 1,26,923 7,016 1,825 81,590 13,964 1,01,247 23,772 1,25,009 29,633 (a) Foreign Currency Assets 5,45,801 1,21,208 6,969 1,812* 79,586 13,760 1,00,569 23,591 1,22,473 29,060 (b) Gold 19,776 4,351 — — 1,560 153 551 136 2,008 431 (c) SDRs 22 5 — — 12 3 9 2 9 2

Variation over Item As on Nov. 19, 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 5,64,703 1,25,098 6,202 1,560 74,574 12,139 94,231 21,947 1,22,149 28,510 (a) Foreign Currency Assets 5,38,832 1,19,396 6,171 1,551* 72,617 11,948 93,600 21,779 1,19,626 27,946 (b) Gold 19,776 4,351 — — 1,560 153 551 136 2,008 431 (c) SDRs 22 5 — — 12 3 9 2 9 2 (d)