Forex reserves down at $294.99 bln on Jan 4: RBI
MUMBAI (Reuters) - India's foreign exchange reserves were at $294.99 billion as of January 4, compared with $296.58 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.
(Reporting by Neha Dasgupta; Editing by Sunil Nair)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Finance Minister Arun Jaitley on Saturday unveiled a budget that aims to ramp up growth, aided by a slowed pace of fiscal deficit cuts and a raft of tax measures to put private domestic and foreign capital to work. Read | Full Coverage