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India's forex reserves up by $77 million

 

AGENCIES | Mumbai, February 2, 2013 19:54
Tags : India forex reserves | central bank | foreign currency |
 

 

India's foreign exchange (forex) reserves increased by $77.6 million to $295.74 billion for the week ended Jan 27, according to data released by the central bank.
 
The reserves had decreased by $580.3 million to $295.67 billion for the week ended Jan 18, 2013.
 
The foreign currency assets (FCA) - the biggest component of the forex reserves - went up by $79.3 million at $261.70 billion, according to the weekly statistical supplement released by the Reserve Bank of India (RBI).
 
The FCA were lower by $646.8 million at $261.62 billion in the previous week. 
 
The central bank said FCA in US dollar terms included the effect of appreciation or depreciation of non-US currencies held in reserve, such as the pound sterling, euro and yen.
 
Gold reserves value remained the same at $27.21 billion. 
 
The special drawing rights (SDRs) decreased by $0.5 million to $4.43 billion during the week under review, while reserves with the International Monetary Fund (IMF) went down by $0.2 million to $2.38 billion.
 
The SDRs had increased by $2.3 million to $4.43 billion during the previous week, while reserves with the IMF had went up by $64.2 million to $2.38 billion.
 

 

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Issue Dated: Feb 5, 2017