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India News Online » News Analysis » Indian Economy » 

Economic Indicators
News Behind The News
 
June 22, 2009

Forex: Foreign exchange reserves climbed to US$2.4 billion to US$263.6 billion during the week ended June 12, partly due to an increase in the value of assets held in non-dollar currencies, following the dollar weakening against these currencies.



Rate swaps: Indian overnight indexed interest rate swaps were primerily steady in thin trade on last Friday as dealers waited on the sidelines, hoping further cues on bond yields and interest rates.









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