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India News Online » News Analysis » Indian Economy » 

Economic indicators: Forex reserves fall by $860 million
News Behind The News
 
October 05, 2009

Foreign exchange reserves fell $860 million to $280 billion for the week ended September 25, according to figures released in the Reserve Bank of India’s weekly statistical supplement.

This is the second consecutive week in which the reserves have fallen. For the week ended September 18, the reserves fell $208 million to $280.77 billion. In the week under consideration, the foreign currency assets fell $855 million to $263.498 billion.

Foreign currency assets expressed in US ...









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