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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India’s forex funds elevates to $294.16bln

Posted on 11 October 2010

From Topnews.ae: India’s foreign exchange reserves elevated by $2.563 billion to $294.158 billion till the last week ended Oct 1, listing a increase for the 3rd consecutive week on basis of revaluation. Foreign currency reserves hoisted by $1.978 billion to $266.507 billion, all throughout the week according to the Reserve Bank of India weekly statistical supplement.

The worth of gold reserves elevated $508 million to $20.516 billion, Special Drawing Rights (SDRs) climb $56 million to $5.139 billion and reserve with International Monetary Fund boost by $21 million to $1.996 billion…………………………………….Full Article: Source


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