Rediffmail Money rediffGURUS BusinessEmail

India's forex reserves dip to $194.41 bn

March 16, 2007 18:40 IST
Source:PTI
After a dream run of almost one month, India's forex reserves dipped by $ 224 million to stand at $194.410 billion during the week ended March 9 as against $194.634 billion during the week ended March 2.

The reserves were up by $1.51 billion during the week ended March 2 compared to the preceding seven-day period.

The foreign currency assets also decreased by $224 million to $187.058 billion during the seven-day period ended March 9,
1">
according to figures released by 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, SDRs and Gold reserves remained unchanged at $ 467 million, $2 million and $6.683 billion respectively.
Source: PTI
© Copyright 2026 PTI. All rights reserved. Republication or redistribution of PTI content, including by framing or similar means, is expressly prohibited without the prior written consent.

WEB STORIES

Recipe: Walnut Key Lime Pie Smoothie

13 Fanciest Stores In The World

5 Winter Sweets To Keep Warm

VIDEOS

NewsBusinessMoviesSportsCricketGet AheadDiscussionLabsMyPageVideosCompany Email