MUMBAI 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)
Trending On Reuters
India's top energy explorer Oil and Natural Gas Corp said on Thursday it expects current-quarter profit to be boosted by an interim rule change on discounts offered by upstream oil companies to state retailers. Full Article