December 7, 2013 8:45 AM
Foreign Exchange Reserves surge to six month high of 291.30 billion dollars
India's Foreign Exchange Reserves have surged to six month high of 291.30 billion dollars as on the week ended 29th of November. The increase is on account of strong dollar inflows because of concessional swap facilities by the Reserve Bank of India. The RBI has offered discounted swap rates to...