Forex reserves down
| By BS Reporter
|
Last Updated: Sat, Feb 11, 2012 01:20 hrs
India's foreign exchange reserves fell by $177 million to $294 billion for the week ended February 3, 2012, after rising marginally for the previous two consecutive weeks.
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According to the Reserve Bank of India, the reserves fell on account of revaluation in foreign currency assets. Foreign currency assets dipped by $302 million to $260 billion.
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