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Forex reserves edge lower to $293.41 billion as of Feb 21 - RBI

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Reuters MUMBAI
Last Updated : Feb 28 2014 | 5:28 PM IST

MUMBAI (Reuters) - India's foreign exchange reserves fell marginally to $293.41 billion as of February 21 from $293.79 billion in the week earlier, the Reserve Bank of India said on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other currencies held in its reserves, the RBI said in its weekly statistical supplement.

Foreign exchange reserves include India's Reserve Tranche position in the International Monetary Fund (IMF).

(Reporting by Neha Dasgupta; Editing by Sunil Nair)

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First Published: Feb 28 2014 | 5:11 PM IST

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