MUMBAI: Foreign exchange reserves dipped $1.9 billion to $280.9 billion during the week ended January 29, largely on account of revaluation of nondollar assets in the reserves basket. Of the total reserves, all components — foreign currency assets, gold, and SDR (special drawing rights) — fell $1.7 billion, $236 million, $23 million and $6 million, [...]

February 6th, 2010
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