REUTERS - India's foreign exchange reserves fell to $290 billion as of May 18 from $291.802 billion in the previous week, 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, the RBI said.
Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF). (curtsey : reuter)
Rupesh Yatesh Dalal
Head Research Department
Head Research Department
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