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March 16, 2007 18:40 IST
After a dream run of almost one month, India's forex reserves dipped by $ 224 million to stand at $194.410 billion during the week ended March 9 as against $194.634 billion during the week ended March 2.
The reserves were up by $1.51 billion during the week ended March 2 compared to the preceding seven-day period.
The foreign currency assets also decreased by $224 million to $187.058 billion during the seven-day period ended March 9, according to figures released by Reserve Bank of India.
Foreign currency assets in dollars include the effect of revaluation of non-US currencies such as Euro, Sterling, Yen held in reserves.
Reserve position in the IMF, SDRs and Gold reserves remained unchanged at $ 467 million, $2 million and $6.683 billion respectively.
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