Markets

India's FX reserves fall to $288.26bln in May 25 week

Published June 1, 2012 Updated June 1, 2012 11:54am

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.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).

Copyright Reuters, 2012