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Forex reserves zoom past $ 131 bn January 01, 2005 18:58 IST India's foreign exchange reserves rose by $394 million during the week ending December 24, taking the total reserves past $131 billion. Revaluation of the US dollar led to a drop in the reserves, which stood at $131.01 million. The foreign currency assets also increased by $383 million to touch $125.05 million, the Reserve Bank of India said in its weekly statistical supplement on Saturday. Revaluation of international currencies, including the US dollar, contributed to the flow in the reserves, analysts said.7333: The Latest News on Your Mobile!
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