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India Forex Reserves Increase

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09/03/2010 07:55

India's foreign exchange reserves slightly increased as on August 27, a latest report from the Reserve Bank of India showed on Friday.

Foreign exchange reserves totaled US$282.842 billion as on August 27, up from US$282.549 billion as on August 20. Foreign currency assets reserves increased to US$256.648 billion from US$256.368 billion in the preceding week. At the same time, the gold reserves remained unchanged at US$19.278 billion.

Meanwhile, nation's reserve position with the International Monitory Fund amounted to US$1.935 billion, larger than the US$1.931 billion recorded in the preceding week.

India's foreign exchange reserves slightly increased as on August 27, a latest report from the Reserve Bank of India showed on Friday. (Market News Provided by RTTNews)

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