India’s Forex Reserves: $312.90 Billion

June 11, 2011 2:12 pm

We spotted this today:

” India’s foreign exchange (forex) reserves soared by $2.69 billion to $312.90 billion for the week ended June 3 on the back of a sharp increase in the value of gold reserves and foreign currency assets. ”

Statistics Source: Economic Times

We have written about how Indian households hold the largest stock of gold in the world

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