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Saturday, August 24, 2013

India's forex reserves up $205 million

India's foreign exchange (forex) reserves increased by $205.8 million to $278.80 billion for the week ended Aug 16, according to data released by the Reserve Bank of India ( RBI). 

The reserves had increased by $1.43 billion to $278.60 billion for the week ended Aug 9. 

The foreign currency assets (FCA) - the biggest component of the forex reserves - grew by $211.7 million at $251.56 billion, the weekly statistical supplement of the central bank showed. 

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