Friday, October 2, 2009

India Forex Reserves Slightly Down

Friday, the Reserve Bank of India said in a report that the international reserves stood at US$ 279.910 billion as on September 25, down from US$ 280.770 billion as on September 18.

At the same time, foreign currency assets decreased to US$ 263.498 billion from US$ 264.353 billion last week. The gold reserves amounted to US$ 9.828 billion, unchanged from last week.

Meanwhile, nation's reserve position with the International Monitory Fund stood at US$ 1.364 billion, down from US$ 1.365 billion last week.