Forex reserves up by $1.26 bn

Forex reserves up by .26 bn
The country's foreign exchange reserves rose by $ 1.26 billion to $ 295.25 billion for the week ended January 11, on the back of sharp rise in currency assets, the Reserve Bank of India said on Friday. The total reserves had slipped by $ 1.59 billion to …
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Malaysia's foreign reserves hit record US9.7bil at end-2012
KUALA LUMPUR: Malaysia's foreign reserves hit a record US$ 139.7bil at end-2012 and the momentum is expected to continue in 2013, albeit slower, according to CIMB Investment Bank Bhd economist Lee Heng Guie. “We set a conservation foreign …
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Nigeria's foreign reserves up by 3.98%
The apex bank explained that the foreign reserves level could finance about 9 months of imports. It said relative stability was also recorded in the foreign exchange rates in the last 12 months. At the wDAS, the exchange rate opened at N157.31/US$ 1 on …
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Central Bank of Egypt reveals 2011/12 forex expenditures
Roughly $ 8.5 billion, meanwhile, went towards debt servicing. Since January 2011, Egypt's foreign reserves have dropped by $ 21 billion – in line with a rising balance-of-payments deficit – to stand at a current $ 15 billion. "Due to ongoing political …
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