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Forex reserves up at $286.376 billion

India"s foreign exchange reserves rose by $0.962 million to $286.376 billion for the week ended November 13 from $285.414 billion in the previous week, the Reserve Bank of India (RBI) said today. - Forex reserves up by $1.023 bn to $285.414 bn - Forex reserves down $1.13 bn - Forex reserves up $684 mn to $285 bn - Capital inflows lessen external sector blues - Forex reserves up by $1.52 bn to $281.86 bn - Forex reserves fall to $280.770 bn Foreign currency assets (FCAs) during the week went up to $262.905 billion as against $261.957 billion in the week-ago period, the RBI said in its weekly report. FCAs, expressed in US dollar terms, include the effect of appreciation or depreciation of non-US currencies such as euro, sterling and yen held in reserves. Gold reserves stood unchanged at $17.5 billion, while the special drawing rights (SDRs) went up to $5.270 billion, the RBI said. The country"s reserve position in the International Monetary Fund stood at $701 million during the period under review, the apex bank said.


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