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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India: Forex reserves up $2.56 bln to $297.96 bln

Posted on 08 November 2010

From Indianexpress.com: The country’s foreign exchange reserves went up by USD 2.56 billion to USD 297.96 billion on the back of a big surge in gold reserves and foreign currency assets.
After remaining static for weeks, the country’s gold reserves shot up by USD 1.15 billion to USD 21.67 billion for the week ended October 29, weekly data released on Friday by the Reserve Bank showed……………………………………….Full Article: Source


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