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India's forex reserves near $144 billion

September 03, 2005 16:48 IST
Source:PTI

India's foreign exchange reserves resumed their upward journey, rising by $623 million during the week ended August 26, 2005.

The reserves, which had fallen last week by $1.1 billion after continuously rising for three previous weeks, stood at $143.841 billion, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.

Foreign currency assets also increased by $616 million, standing at $1.379 billion as on August 26, RBI said.

Source: PTI
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