News: India's FX reserves at record $163.755 bn
(FE 19/05/2006) Mumbai - India's foreign exchange reserves rose to a record $163.755 billion on May 12 from $162.413 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement Friday.
The central bank said foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies held in its reserves such as the euro, pound sterling and yen.
The foreign exchange reserves include India's Reserve Tranche Position in the International Monetary Fund, the central bank said.
The central bank said foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies held in its reserves such as the euro, pound sterling and yen.
The foreign exchange reserves include India's Reserve Tranche Position in the International Monetary Fund, the central bank said.
posted by InCar Group Press Room at 18:38
0 Comments:
Post a Comment
<< Home