Sunday, Nov 28, 2004
Sunday, Nov 28, 2004 |
| Business | ||||
|
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
Advts: Classifieds | Employment | Obituary | Business
MUMBAI, NOV. 27. Robust trade and overseas investment inflows along with revaluation of currencies propelled India's foreign exchange reserves to rise further by $1.56 billion to cross the $125 billion mark during the week ended November 19. These reserves grew by $1.56 billion to $125.098 billion, the Reserve Bank of India said in its weekly statistical supplement released today. Foreign currency assets were also up by $1.551 billion to $119.396 billion, the RBI said. The remittance of export proceeds, foreign institutional investments and revaluation of international currencies, including the U.S. dollar, contributed to the surge in reserves, analysts said. Special Drawing Rights and gold reserves remained static at $5 million and $4.351 billion respectively, it said. India's Reserve Tranche Position with the International Monetary Fund rose by $9 million to $1.346 billion, it said. PTI
Printer friendly
page
News:
Front Page |
National |
Tamil Nadu |
Andhra Pradesh |
Karnataka |
Kerala |
New Delhi |
Other States |
International |
Opinion |
Business |
Sport |
Miscellaneous |
|
|
|
The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | Home |
Copyright © 2004, The
Hindu. Republication or redissemination of the contents of
this screen are expressly prohibited without the written consent of
The Hindu
|
