Friday, October 9, 2009

Forex reserves at $280.340 billion as on Oct 2

9 Oct 2009, 1928 hrs IST, REUTERS

MUMBAI: Foreign exchange reserves rose to $280.340 billion as on Oct 2, from $279.910 billion a week earlier, the Reserve Bank said in its weekly statistical 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 such as the euro, pound sterling and yen, the Reserve Bank of India said.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund, the Reserve Bank of India said.

Source :- economictimes.indiatimes.com

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