Sunday, November 21, 2010

India's foreign exchange loss of $1.9 billion

India's foreign exchange (Forex) reserves fell from $1.899 billion, down $298.31 billion during the week 12 ended because of a severe contraction in its foreign exchange reserves November.

Foreign currency reserves, the US dollar, euro and pounds sterling, among other things, contain rejected 1.79 billion dollars down to 269.49 billion U.S. dollars during the week in the year under review according to the data of India (RBI) published by the Reserve Bank.

Special drawing rights (SDRS) declined $ 73 million to $5.152 billion and reserve with International Monetary Fund was $34 million 2,001 billion dollars.

The value of the gold reserves remained unchanged at $21.66 billion.

-Indo-Asian news service

GK/RN/vt

(115 Words)

2010-11-20-17: 31: 11 (IANS)


View the original article here

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