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Last Updated : Feb 07, 2014 05:56 PM IST | Source: Reuters

India's forex reserves lower at $291.07 bn as of Jan 31

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 foreign exchange reserves fell to USD 291.07 billion as of January 31, from USD 292.24 billion in the earlier week, 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).

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First Published on Feb 7, 2014 05:56 pm
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