India's foreign exchange reserves top $100 bn

India's foreign exchange reserves broke through the $100 billion mark for the first time, on the back of investment and trade flows and the dollar's weakness against other currencies.

"The governor RBI informed me today that India's foreign exchange reserves comprising foreign currency assets, gold and Special Drawing Rights have reached $100.248 billion on December 19," Finance Minister Jaswant Singh said in a statement.

"The RBI has assured me that these forex reserves will, as in the past

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: