Forex reserves fall for 10th week running

Special drawing rights SDRs rose six million dollars during the same period to eight million dollars, while gold reserves were static at 2.851 billion.

quot;The foreign currency assets expressed in US dollar terms include the effect of appreciation/depreciation of non-US currencies such as Euro, Sterling, Yen held in reserves,quot; the RBI supplement said.

Ways and means advances from RBI to the Centre declined Rs 2,879 crore to Rs 3,489 crore, while loans and advances to state governments rose Rs 689 crore to Rs 3,498 crore during the week ended June 23 over the previous week.

Aggregate deposits with commercial banks during the fortnight ended June 16 declined Rs 1,012 crore to Rs 839,614 crore. Food credit extended by the banking system during the reporting fortnight rose by Rs 445 crore to Rs 32,081 crore, while non-food credit was up Rs 2,263 crore to Rs. 414,830 crore.