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India's forex reserves fall by 806 million USD
www.chinaview.cn 2005-02-12 22:31:40

    NEW DELHI, Feb. 12 (Xinhuanet) -- Driven largely by revaluation ofinternational currencies, India's foreign exchange reserves fell by 806 million US dollars during the week ended Feb. 4, 2005, taking the total reserves to 128,914 million dollars, the Press Trust of India reported Saturday.

    Foreign currency assets during this period also dipped by 612 million dollars to 123,107 million dollars, according to the Reserve Bank of India's weekly statistical supplement.

    Gold also dropped by 192 million dollars, following revaluation,to 4,390 million dollars, while Special Drawing Rights were staticat 5 million dollars, it said.

    India's Reserve Tranche Position with the International Monetary Fund decreased by 2 million dollars to reach 1,412 million dollars, it added. Enditem

    

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