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India News Online » News Analysis » Indian Economy » 

Economic Indicators: Forex, Rupee
News Behind The News
 
November 09, 2009

Forex: The country’s foreign exchange reserves fell US$ 1.13 billion in the week up to September 11 to US$ 284.4 billion on the back of portfolio investments and revaluation of currencies.





Rupee: The Indian rupee on Friday appreciated by 20 paise to touch a week-high of 46.80 against the US dollar in early trade on dollar selling by exporters. At the Interbank Foreign Exchange (Forex) market, the domestic unit strengthened by 20 paise to 46.80, strongest since October 27. The Indian rupee ended three paise higher at 47.02/03 in yesterday’s volatile session.









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