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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India: Forex reserves dip $1.84 bln

Posted on 23 February 2009

From Business-standard.com: India’s foreign exchange reserve dipped by $1.84 billion to $249.70 billion in the week ended February 13 mainly on account of the revaluation in the foreign currency assets.

According to the latest data from the Reserve Bank of India (RBI), foreign currency assets declined by $1.839 billion to $239.98 billion during the week….. Full Article: Source


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