Mon, Sep 25, 2017
A A A
Welcome mteam
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Forex reserves in India almost close to $285.1 bln

Posted on 25 January 2010

From Forex-flash.com: The foreign exchange reserves in India rose to $899 million and touching almost $285.1 billion on January 15. This was hugely because of the non dollar worth of assets in the reserves.

These were the latest figures that were released by Reserve Bank of India on Friday. It shows that the foreign exchange reserves mainly comprised of gold and special drawing rights (SDR-reserves currency with the International Monetary Fund) and the foreign currency assets and these rose to $853 million because of the valuation gains in its non-dollar assets………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 19873 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

banner
banner
banner
September 2017
M T W T F S S
« Nov    
 123
45678910
11121314151617
18192021222324
252627282930