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Saturday, October 8, 2011

India's foreign exchange reserves drop by $1.22 billion

India's foreign exchange reserves drop by $1.22 billion MUMBAI: India's foreign exchange (forex) reserves dropped by $1.22 billion at $311.48 billion for the week ended Sep 30, registering a sharp decline for the second straight week largely due to revaluation of non-dollar assets, official data showed. ... India's foreign exchange reserves drop by $1.22 billion

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