Forex reserves down by $5.7bn

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BS Reporter
Last Updated : Jan 20 2013 | 2:43 AM IST

India’s foreign exchange reserves dropped $5.7 billion to $308 billion for the week ended November 18, on account of a revaluation in foreign currency assets. According to the Reserve Bank of India, foreign currency assets fell by $5.7 billion to $274 billion, while gold reserves remained unchanged at $27 billion.

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First Published: Nov 26 2011 | 12:10 AM IST

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