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Sunday, March 18, 2001

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Forex reserves cross $42 b mark

MUMBAI, MARCH 17. India's foreign currency reserves have crossed the $42 billion mark following fresh inflows of $75 million taking reserves to $42.05 billion in the week ended March 9.

Foreign currency assets were up by an equal amount of $75 million during the same period taking the total to $39.34 billion, according to the Reserve Bank of India's latest weekly statistical supplement.

Gold reserves and special drawing rights remained static at $2,711 million and $one million respectively.

- PTI

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