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Forex reserves fall by $224 mn

Source : BUSINESS_STANDARD
Last Updated: Fri, Mar 15, 2013 21:20 hrs
An employee arranges Indian currency notes at cash counter inside a bank in Agartala

Foreign exchange reserves decreased $223.9 million to $290 billion in the week ended March 8. The decrease was on account of fall in foreign currency assets which fell $225.5 million to $257 billion.

SDR from IMF increased $1.1 million to $4.3 billion and the reserve position at IMF increased $0.5 million to $2.3 billion.

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