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The Reserve Bank manages currency in India and derives its role in currency management Previously the Indian rupee was an official currency of other

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The Reserve Bank of India (RBI)'s foreign exchange reserves rose by $321.7 million for the week ending July 24 to $353.65 billion, show data released on Friday. Foreign currency assets, a key component of foreign exchange reserves, rose by $314.2 million to $329.25 billion. During the week, gold reserves remained unchanged at $19.07 billion.

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Indias foreign exchange reserves dipped marginally by $980mn to touch $361bn for the week ended May 13, said the Reserve Bank of India in its weekly statistical report.

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Foreign exchange reserves of India. The Foreign exchange reserves of India are India's holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee.

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Depreciation of the Indian Currency: Forex reserves dipped by $15.4 billion for the Fall in Foreign Exchange Reserves of India

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