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

India's forex reserves decreased by $ 1.9 billion

India (forex) foreign exchange reserves decreased by $ 1899 billion, down to 298. $ 31 billion, during the week ended 12 november due to a sharp decline in its foreign currency reserves.

Foreign currency reserves, with US dollar, euro and British pound, among other things, fell 1.79 billion dollar down to 269.49 billion dollars during the week examined, according to data released by the bank of India (RBI).

Special drawing rights (SDRs) decreased $ 73 million to 5152 billion dollars and reserve with International Monetary Fund fell 34 million dollars to 2001 billion dollars.

However, the value of gold reserves remained unchanged at 21.66 billion dollars.

--Indo-Asian News Service

GK/rn/vt

(115 words)

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

View the original article here