labels: economy - general
India`s forex reserves up at $209.574 billionnews
16 June 2007

Mumbai: Forex reserves of the country increased by $1.174 billion to $209.574 billion for the week ended June 8 from $208.373 billion as of June 1.

Inda''s forex reserves had increased by $3.439 billion during the week ended June 1 as compared to the preceeding seven-day period.

As per figures released by the Reserve Bank of India, the country''s foreign currency assets increased by $1.175 billion to $202.117 billion during the week.

Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as euro, the pound sterling and the Japanese yen held in reserves.

Both Special Drawing Rights (SDRs) and gold reserves remained static at $1million and $6.911 billion respectively.

Reserve position in the IMF declined by $1million to $458 million.


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India`s forex reserves up at $209.574 billion