NEW DELHI. Dec 31 India s foreign exchange reserves increased by 170 million US dollars to 39.807 billion dollars for the week ended December 22. 2000 as compared lo the previous week, reports Xinhua.

According to the Reserve Bank of India’s weekly statistical supplement, the rise in reserves was solely due to rise of 170 million dollars in foreign currency assets lo 73.053 billion dollars in the reporting week-

fhe upsurge continued lor the seventh week in a row following inflows of State Bank of India’s millennium deposits proceeds into the country.

Meanwhile, gold reserves and the special drawing rights remained static at 2.752 billion dollars and 2 million dollars rrspri lively, the supplement