Petrol price hiked, little hope for rupee
State oil companies raised the price of petrol with effect from Thursday for the first time in more than six months in a gesture of fiscal discipline that economists said is unlikely to give a significant lift to the rupee. Article
Reuters Showcase
Aiming To Crack China
India's Mahindra taps Korean arm to push brand in world's largest auto market Full Article
Reuters India Mobile
Get the latest news on the go. Visit Reuters India on your mobile device. Full Coverage
Forex reserves rise to $293.93 bln - RBI
U.S. one dollar bills are displayed in this posed photograph in Toronto October 22, 2008.
Credit: Reuters/Mark Blinch/Files
MUMBAI |
MUMBAI (Reuters) - India's foreign exchange reserves rose to $293.930 billion as of January 27, from $293.257 billion in the previous week, the Reserve Bank of India (RBI) said in its weekly statistical supplement on Friday.
Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said.
Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).
(Reporting by Suvashree Dey Choudhury; editing by Malini Menon)
- Tweet this
- Link this
- Share this
- Digg this
- Reprints
Follow Reuters