Mon, Sep 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India’s forex reserves grow to $287.37 bln

Posted on 18 June 2012

After falling for five straight weeks, India’s foreign exchange reserves grew by $1.52 billion to $287.37 billion for the week ended June 8, 2012, official data showed. The reserves had plunged by $2.40 billion to $285.85 billion for the week ended June 1, apparently due to the Reserve Bank of India (RBI) selling dollars to defend the rupee.
The reserves had declined by $1.74 billion and $1.80 billion respectively in the previous two weeks of June 1, 2012………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 14769 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
September 2014
M T W T F S S
« Aug    
1234567
891011121314
15161718192021
22232425262728
2930