India's foreign exchange reserves increase to USD 285.1bn during week ended Jan 15.

By bne IntelliNews January 25, 2010
According to the Economic Times , figures of the Reserve Bank of India (RBI) show that India's foreign exchange reserves increased to USD 285.1bn as on Jan 15, increasing by USD 899mn during the week. Foreign currency assets increased by USD 853mn as a result of the appreciation of other currencies against the US Dollar. Special drawing rights increased by USD 36mn and the country's reserve capital with the International Monetary Fund increased by USD 10mn during the week.

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