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Forex kitty grows to $480bn on rising dollar, gold

ndia’s foreign exchange reserves rose by way of $three billion during the week ended April 17 to $479.6 billion. Half the increase was once because the worth of gold held by way of the Reserve Bank of India (RBI) favored in dollar terms, whilst the other part got here from an building up within the worth of foreign currency echange assets, which rose to $441.9 billion.

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