Fri, Aug 22, 2014
A A A
Welcome sandeep.kottawar@wns.com
RSS

Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

India’s forex reserves drop by $1.22 bln

Posted on 10 October 2011

India’s foreign exchange (forex) reserves dropped by $1.22 billion at $311.48 billion for the week ended September 30, registering a sharp decline for the second straight week largely due to revaluation of non-dollar assets, official data showed.
The forex reserves had slumped by $4.05 billion during the week ended September 23. The reserves have declined for the third time in the last four weeks under review……………………………………….Full Article: Source


 Article link

This post was written by:

VRS - who has written 14611 posts on Opalesque Sovereign Wealth Funds Briefing.


Contact the author

Comments are closed.

August 2014
M T W T F S S
« Jul    
 123
45678910
11121314151617
18192021222324
25262728293031