Tue, Sep 2, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India’s forex reserves rise by $59 mln

Posted on 27 June 2011

India’s foreign exchange (forex) reserves rose by $59 million to $310.56 billion for the week ended June 17 due to increase in the value of foreign currency assets even as the value of special drawing rights (SDRs) and reserves with the International Monetary Fund declined.
The forex reserves have risen for the fourth time in the past five reporting weeks. The country’s foreign exchange reserves kitty had dropped by $2.40 billion for the week ended June 10 after registering a gain of $5.41 billion in the previous three weeks………………………………………..Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed

 Article link

This post was written by:

VRS - who has written 14649 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

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