India's foreign exchange
This is a discussion on India's foreign exchange within the Investment forums, part of the Financial Services category; India's foreign exchange reserves tumbled to $138.66 billion in the week ended June 3 as overseas fund inflows into the ...
- 08-25-2010, 03:57 PM #1Unregistered Guest
India's foreign exchange India's foreign exchange reserves tumbled to $138.66 billion in the week ended June 3 as overseas fund inflows into the domestic market slowed down, said the Reserve Bank of India (RBI) Saturday.
This represents a decrease of a whopping $1.17 billion in the country's foreign exchange pile from the previous week, showed the weekly figures issued by the central bank here.
During the week ended June 3, the country's foreign currency assets registered a decrease of $1.22 billion from the previous week to touch $132.73 billion, said the RBI statement.
The central bank said foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as Euro, Sterling, and Yen held in reserves.
Gold reserves registered a fall of $67 million at $4.38 billion during the week ended June 3, said the RBI statement.
The country's reserve position in the International Monetary Fund, which is included in the total foreign exchange reserves since April 2, 2004, on the other hand rose $117 million to $1.55 billion.
Similar Threads
-
Indian Foreign exchange
By Unregistered in forum InvestmentReplies: 0Last Post: 08-21-2010, 12:44 PM -
Securities and Exchange Board of India
By Unregistered in forum InvestmentReplies: 0Last Post: 08-17-2010, 01:29 PM -
India eases restrictive rules for foreign ventures
By Unregistered in forum Product And ServicesReplies: 0Last Post: 08-14-2010, 10:34 AM -
Atlas Foreign Exchange in Bandra (West).
By poojagopalani in forum Other Banking ServicesReplies: 0Last Post: 04-26-2010, 05:45 PM -
UAE Exchange And Financial
By Advocate.sonia in forum BankingReplies: 0Last Post: 09-14-2009, 12:22 PM



LinkBack URL
About LinkBacks
Submit Complaint..

i talked to customer care, that person says i should initiate the porting process again by paying. why should i pay again for porting?
MNP Complaint on TATA DOCOMO and...