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India's forex reserves rise to $313.54 billion as of June 13: Citibank

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by , 06-20-2014 at 02:35 PM (1222 Views)
      
   
India's forex reserves rise to $313.54 billion as of June 13: Citibank


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India's foreign exchange reserves rose to $313.54 billion as of June 13 compared with $312.59 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).

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