Friday, 18 April 2014

India's forex reserves rise to $309.44 bln as of April 11: RBI - NDTV

Reuters | Updated On: April 18, 2014 19:12 (IST)

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India's foreign exchange reserves rose to $309.44 billion as of April 11 from $306.65 billion in the week earlier, the Reserve Bank of India said on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly statistical supplement.

Foreign exchange reserves include Reserve Tranche position in the International Monetary Fund (IMF).

Copyright: Thomson Reuters 2014

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