| Date: |
03-05-2014 |
| Subject: |
Forex reserves rise to $309.91 billion as on April 25: RBI |
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MUMBAI: India's foreign exchange reserves rose to $309.91 billion as of April 25 from $309.41 billion in the week earlier, the Reserve Bank of India said 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, the RBI said in its weekly statistical supplement.
Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund ( IMF).
Source : economictimes.indiatimes.com
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