MUMBAI India's foreign exchange reserves were at $296.63 billion as of December 14, compared with $294.99 billion in the previous week, the central bank 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 Reserve Bank of India said.
Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).
(Reporting by Shamik Paul)
Trending On Reuters
Eighteen village councils in Uttar Pradesh are demanding a local Coca-Cola bottling plant be prohibited from extracting water from the ground, claiming its over usage has led to water scarcity in the area, said an environmental campaign group. Full Article