Saturday, 19 April 2014

India's forex reserves rise to $309.44 bn as of April 11 - Moneycontrol.com

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.

India's forex reserves rise to $309.44 bn as of April 11

India's foreign exchange reserves rose to USD 309.44 billion as of April 11 from USD 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).



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