Moneycontrol PRO
HomeNewsBusinessEconomyForex reserves edge lower to $293.41bn as of Feb 21: RBI

Forex reserves edge lower to $293.41bn as of Feb 21: RBI

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

March 01, 2014 / 15:42 IST

India's foreign exchange reserves fell marginally to USD 293.41 billion as of February 21 from USD 293.79 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 India's Reserve Tranche position in the International Monetary Fund (IMF).

first published: Mar 1, 2014 03:25 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347