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India's forex reserves rise to $157.262 bn

April 29, 2006 16:36 IST
Source:PTI
India's forex reserves increased by $ 2.07 billion to stand at $157.262 billion during the week-ended April 21, 2006, as against $155.196 billion during the week ended April 14, 2006.

The reserves had increased by $987 million during the preceding week ended April 14, 2006, compared to a week ago period.

Foreign currency assets increased by $2.06 billion to $150.737 billion during the seven-day period ended April 21, according to figures released by the Reserve Bank of India.

Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as Euro, Sterling, Yen held in reserves.

Reserve position in the IMF increased by $7 million to $764 million. Gold reserves remained static at $5.755 billion while SDRs increased by $3 million to $6 million.

Source: PTI
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