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Foreign Exchange Reserves Fall To $310.503 bln.


Date: 18-06-2011
Subject: Foreign Exchange Reserves Fall To $310.503 bln
India's foreign exchange reserves fell to $310.503 billion as on June 10 from $312.904 billion in the previous week, the central bank said in its weekly statical supplement on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves like the euro, sterling and yen, the central bank said.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF), the central bank said.

Source : timesofindia.indiatimes.com

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