INSUBCONTINENT EXCLUSIVE:
billion to reach $420.055 billion in the week to May 10 on account of a rise in foreign currency assets, RBI data showed Friday
In the reporting week, foreign currency assets, which are a major component of the overall reserves, swelled by $1.358 billion to $392.227
billion.Expressed in dollar terms, foreign currency assets include the effect of appreciation/depreciation of non-US units like the euro,
with the Fund also increased by $7 million to $3.351 billion, the according to the RBI data
The forex kitty had touched a life-time high of $426.028 billion in the week to April 13, 2018.Get the latest election news, live updates
and election schedule for Lok Sabha Elections 2019 on TheIndianSubcontinent.com/elections
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Election results will be out on May 23.
