Public Relations

Forex reserves dip $144 million

The country’s foreign exchange reserves fell by $144 million for the week ended December 25, 2009, mainly due to revaluation of currencies. The rupee ended the week at Rs 46.65 to the dollar as against Rs 46.73 at the end of the preceding week. - Rupee starts New Year on weak note, sheds 7 paise - Rupee gains 12 paise against in early trade - Rupee falls by 4 paise in opening trade - Rupee gains 4 paise in early trade - Rupee falls by 9 paise in opening trade - Govt eases rules governing royalty payments overseas Foreign currency assets fell $132 million while gold reserves remained unchanged.

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