Indian forex reserves at record $214.835 billion

India's forex reserves at a record $214.835 bn
13 Jul, 2007, 1746 hrs IST, REUTERS

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MUMBAI: India's foreign exchange reserves rose to a record $214.835 billion on July 6, from $213.486 billion a week earlier, the Reserve Bank of India said in its weekly statistical supplement on Friday.

The central bank said foreign currency assets expressed in US dollar terms included the effect of appreciation or depreciation of other currencies held in its reserves such as the euro, pound sterling and yen.

The foreign exchange reserves include India's Reserve Tranche Position in the International Monetary Fund, the RBI said.