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August 4, 2001
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Money > Business Headlines > Report August 4, 2001 |
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Forex reserves swell to $43.682 billionThe total foreign exchange reserves of the country continued to soar and moved up further by $78 million to $43.682 billion during the week ended July 27, 2001 as compared to $43.604 billion of the previous week. In rupee terms, the forex reserve rose by Rs 5.34 billion to Rs 2,059.75 billion from Rs 2,054.41 billion a week before. The Reserve Bank of India's latest bulletin on forex reserves showed that the net foreign currency assets also improved by $73 million to $40.875 billion during the same week from $40.802 billion. The special drawing rights also increased by $5 million to $9 million from $4 million of the previous week. However, total gold reserves remained unchanged at $27.98 billion. UNI |
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