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Epic Update :Forex reserves rise $1.58 billion to $292 bill

Posted: Mon Sep 17, 2012 10:39 pm
by Epicresearch123
India's foreign exchange reserves rose $1.58 billion to $292 billion during the week ended September 7, mainly due to revaluation of currencies.According to
data released by the Reserve Bank of India, foreign currency assets, which includes the effect of appreciation or depreciation of non-US currencies
such as Euro, Sterling, Yen held in the reserves rose $1.56 billion to $259.18 billion.