Saturday, April 22, 2006

News: Indian forex reserves up $987mn

(BS 22/04/2006) Mumbai - Foreign exchange reserves increased $987 million to $155.196 billion for the week ended April 14, 2006, according to the weekly supplement released by the RBI on Friday.

Foreign currency assets moved up $989 million to $148.681 billion. Gold reserves and SDRs were steady at $5.755 billion and $3 million, respectively.

The Reserve Tranche Position in the IMF dropped $2 million to $757 million.

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