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RBI forex reserves rise to $271.96 billion

RBI forex reserves rise to $271.96 billion
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First Published: Fri, Aug 28 2009. 11 28 PM IST
Updated: Fri, Aug 28 2009. 11 28 PM IST
Mumbai: The foreign exchange reserve of the Reserve Bank of India (RBI) increased by $932 million to $271.96 billion for the week ended 21 August, according to the latest weekly statistical supplement of the central bank.
Credit growth has dropped to 14.9% for the week ended 14 August from 15.8% a fortnight before, the supplement said.
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First Published: Fri, Aug 28 2009. 11 28 PM IST