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Saturday, February 06, 2010

India's FX reserves at $280.955 bln as on Jan. 29

MUMBAI (Reuters) - India's foreign exchange reserves fell to $280.955 billion as on Jan. 29, from $282,938 billion a week earlier, the Reserve Bank of India (RBI) said in its weekly statistical supplement 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 such as the euro, pound sterling and yen, the central bank said.

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

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