3
MUMBAI: India's foreign exchange reserves rose to $289.99 billion as of June 29, from $288.63 billion in the previous week, the central bank said in its weekly statistical supplement 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 Reserve Bank of India (RBI) said.
Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).
Read more
On DawnNews
Comments (3) Closed
Jul 06, 2012 12:23pm
This changes the strategic paradigm of India/Pakistan relations.
Recommend
0
Jul 06, 2012 12:05pm
Go India Go..........
Recommend
0
Jul 10, 2012 12:36pm
The latest reports also conclude that now the Indian Forex market's turnover is more than $400 billion and analysts believe that we are still in the nascent stage of obtaining the full extent of our native trading potential.
Recommend
0
