Indian foreign exchange reserves rise

18 Jan, 2004

India's foreign exchange reserves rose to $103.824 billion in the week ended January 9 from $102.103 billion the previous week, the Reserve Bank of India (RBI) said in its weekly statistical supplement on Saturday.
The RBI said the foreign currency assets expressed in US dollar terms included the effect of appreciation/depreciation of other currencies held in its reserves such as the euro, pound sterling and yen.

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