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India's forex reserves at $232.187 bn

Reuters
Posted online: Friday , September 21, 2007 at 00:00 hrs
Updated On: Friday , September 21, 2007 at 17:43 hrs


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India's foreign exchange reserves rose to a record $232.187 billion on Sept. 14, from $230.377 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on Friday.

The central bank said foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies held in its reserves such as the euro, pound sterling and yen.

The foreign exchange reserves include India's Reserve Tranche Position in the International Monetary Fund, the central bank said.

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