Saturday, August 11, 2012

Forex reserves up at $289.15 b

India’s foreign exchange reserves rose by about $502 million in the week ended August 3.

The forex reserves, comprising predominantly foreign currency and gold stood at $289.15 billion.
The reserves stood at $288.64 billion for the week ended July 27.
Since March-end 2012, the country’s forex reserves have dipped by about $5.2 billion.

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