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A police officer stands guard in front of the Reserve Bank of India (RBI) head office in Mumbai April 17, 2012. The Reserve Bank of India cut interest rates on Tuesday for the first time in three years by an unexpectedly sharp 50 basis points to give a boost to flagging economic growth but warned that there is limited scope for further rate cuts. REUTERS/Vivek Prakash (INDIA - Tags: BUSINESS)
India’s foreign exchange reserves went up to USD370.76 billion as on September 23, the Reserve Bank of India (RBI) announced.

India’s foreign exchange reserves went up to USD370.76 billion as on September 23, the Reserve Bank of India (RBI) announced.

According to data released by the RBI, the reserves stood at USD370.76 billion as on September 23, as against $369.60 billion as on September 16.

On September 23, the foreign currency assets stood at USD345.24 billion, gold at USD21.64 billion, special drawing rights at USD1.49 billion and the reserve position in the International Monetary Fund (IMF) at USD2.39 billion.

The reserves as on September 16 comprised of foreign currency assets USD344.07 billion, gold at USD21.64 billion, special drawing rights at $1.49 billion and the reserve position in IMF at USD2.39 billion.

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