Mumbai: India's forex reserves went up by US$ 75 million to stand at US$ 175.519 billion during the week ended December 15 as against US$ 175.444 billion during the week ended December eight.

The reserves were down by US$ 45 million during the preceeding week ended December eight, compared to a week ago period.

The Foreign Currency Assets also increased by US$ 79 million to US$ 168.479 billion during the seven day period ended December 15, 2006, according to figures released by the Reserve Bank of India.

Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as Euro, Sterling, Yen held in reserves.

The reserve position in the IMF also went down by four million to stand at US$ 545 million.

Gold reserves and SDR's remained static at US$ 6.494 billion and US$ one million respectively.