India’s foreign exchange reserve fell by $165 million to $249.52 billion during the week ended February 20, 2009, due to revaluation in foreign currency. According to the Reserve Bank of India (RBI) data, the foreign exchange assets dipped by $156 million to $ 239.82 billion.
During the week, gold and special drawing right remained unchanged in the reserve. Reserve position in the International Monetary Fund reduced by $9 million to $821 million.
