Markets

India's FX reserves at $314.619bn

MUMBAI: India 's foreign exchange reserves rose to $314.619 billion as on July 8, down from $315.175 billion in the
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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 Trenched position in the International Monetary Fund (IMF), the central bank said.

Copyright Reuters, 2011