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INDIA'S FOREX RESERVES SURGE US$564 MLN IN WEEK ENDED NOV 22.

AsiaPulse News

| December 02, 2002 | COPYRIGHT 2002 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, Dec 2 Asia Pulse - India's foreign currency exchange reserves surged US$564 million to US$66,588 million for the week ending November 22.

Foreign currency assets also rose by US$569 million, mainly on account of a combination of factors such as export remittances, fresh inflows and revaluation of the Euro vis-a-vis dollar to US$63,303 million, according to the Reserve Bank of India's weekly ...

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Source: HighBeam Research, INDIA'S FOREX RESERVES SURGE US$564 MLN IN WEEK ENDED NOV 22.

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