DAWN.COM

Today's Paper | May 02, 2024

Published 06 Jul, 2012 11:45am

India's forex reserves rise to $289.99 billion: RBI

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 Comments

Pakistan's 'historic' lunar mission to be launched on Friday aboard China lunar probe Next Story