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INDIA'S FOREX RESERVES REACH US$107.67 BLN.

AsiaPulse News

| March 01, 2004 | COPYRIGHT 2004 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

MUMBAI, March 1 Asia Pulse - The country's foreign exchange reserves on Saturday surged ahead with further accretion of US$169 million due to fresh inflows and revaluation of the US currency vis-a-vis other currencies for the week ended February 20.

The foreign exchange reserves stood at US$107,675 million following inflows of US$169 million, according to the Reserve Bank of India's weekly statistical bullletin released here.

The foreign currency assets also saw a similar increase of US $169 million to touch US$103,384 million, it said.

Gold reserves and special drawing rights ...

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Source: HighBeam Research, INDIA'S FOREX RESERVES REACH US$107.67 BLN.

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