India’s forex reserves up at $283.57 bln as of 15th Nov

India’s foreign exchange reserves have risen to 283.57 billion dollars for the week ended November 15.

A RBI press release issued in Mumbai said that foreign currency assets, which form the largest chunk of the reserves, rose by 1.465 billion dollars in the week under review.

The gold reserves stood unchanged at 21.227 billion dollars reflecting the moderate movement in prices.

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