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India's forex reserves down at $293.52 bln on Feb 15 - RBI
February 22, 2013 / 11:58 AM / 5 years ago

India's forex reserves down at $293.52 bln on Feb 15 - RBI

MUMBAI (Reuters) - India’s foreign exchange reserves were at $293.52 billion as of February 15, compared with $294.54 billion in the previous week, the Reserve Bank of India (RBI) said on Friday.

The Reserve Bank of India (RBI) logo is pictured outside its head office in Mumbai July 26, 2011. REUTERS/Danish Siddiqui/Files

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 in its weekly statistical supplement.

Foreign exchange reserves include India’s Reserve Tranche position in the International Monetary Fund (IMF).

Reporting by Neha Dasgupta; Editing by Sunil Nair

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