Business Standard

Forex reserves zoom $4bn, $200bn in sight

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Our Web Bureau Mumbai
Foreign exchange reserves zoomed $4.212 billion to $193.124 billion for the week ended February 23, according to the weekly supplement released by the RBI today.

Foreign currency assets moved up $4.213 billion to $186.128 billion. Gold reserves and SDRs were unchanged at $6.529 billion and $2 million, respectively.

The Reserve Tranche Position with the IMF declined $1 million to $465 million.

 

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First Published: Mar 02 2007 | 7:06 PM IST

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