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« Forex »
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 Perils of an ad hoc forex policy
 Rupee depreciated by 17 paise to Rs 45.62 a dollar in early trade
 Rupee strengthened by 7 paise against dollar
 Rupee up by 4 paise against dollar in early trade
 Rupee falls by 18 paise at 4-week low against dollar
 Rupee drops on weak shares; inflation eyed
 Rupee raises 6 paise against dollar in early trade
 Rupee among most traded in futures market
 Indian rupee gain 12 paise against US dollar
 Rupee marginally rise up by 1 paise against US dollar
 Rupee drops tracking euro, choppy shares

Forex kitty jumps million to touch billion
July, 04th 2009
Foreign exchange reserves rose by $932 million during the week ended June 26, partly due to cross currency revaluation and the central bank purchasing dollars to prevent the rupee from rising too sharply.

According to the latest data released by the Reserve Bank of India in its weekly statistical supplement (WSS), total foreign exchange reserves, including gold and special drawing rights (currency with the International Monetary Fund) rose by $932 million to touch $264.58 billion during the week ended June 26. Almost the entire growth in reserves was on account of the rise in foreign currency assets. 
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