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
Online Grocery Shopping
Put off by snarled city traffic and a shortage of parking, more Indians are shopping for groceries online, helping e-tailers like Bigbasket.com and Localbanya.com turn in profits while supermarkets are struggling. Full Article