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India’s forex reserves rise to $312.59 billion as of 6 June

LiveMint logoLiveMint 13-06-2014 Reuters

India’s foreign exchange reserves rose to $312.59 billion as of 6 June compared with $312.38 billion in the week earlier, the Reserve Bank of India (RBI) said 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, RBI said in its weekly statistical supplement.

Foreign exchange reserves include India’s reserve tranche position in the International Monetary Fund.

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