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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India’s forex reserves drop by $326 mln

Posted on 21 November 2011

India’s foreign exchange reserves fell by $326 million to $314.34 billion for the week ended Nov 11, declining sharply for the second straight week due to a slump in the value of foreign currency assets, official data showed.
The forex reserve kitty had slumped by $5.72 billion in the previous reporting week………………………………………..Full Article: Source


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