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    DatabookDec2014 120

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    India's foreign exchange reserves grew substantially from 1990-91 to 2013-14, increasing from $5.8 billion to $304.2 billion over that period. The reserves were held in both rupees and US dollars by the Reserve Bank of India. They excluded $250 million invested in bonds but included $6.7 billion used to purchase gold from the IMF in 2009.

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    DatabookDec2014 120

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    habil gadiwalla
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    India's foreign exchange reserves grew substantially from 1990-91 to 2013-14, increasing from $5.8 billion to $304.2 billion over that period. The reserves were held in both rupees and US dollars by the Reserve Bank of India. They excluded $250 million invested in bonds but included $6.7 billion used to purchase gold from the IMF in 2009.

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    India's foreign exchange reserves grew substantially from 1990-91 to 2013-14, increasing from $5.8 billion to $304.2 billion over that period. The reserves were held in both rupees and US dollars by the Reserve Bank of India. They excluded $250 million invested in bonds but included $6.7 billion used to purchase gold from the IMF in 2009.

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    19 views1 page

    DatabookDec2014 120

    Uploaded by

    habil gadiwalla
    India's foreign exchange reserves grew substantially from 1990-91 to 2013-14, increasing from $5.8 billion to $304.2 billion over that period. The reserves were held in both rupees and US dollars by the Reserve Bank of India. They excluded $250 million invested in bonds but included $6.7 billion used to purchase gold from the IMF in 2009.

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    Foreign Exchange Reserves in India from 1990-

    91 ($ Million) (as at the end of 31st March each


    Year)
    (1990-1991 to 2013-2014)
    Financial Year Foreign Exchange Reserves (in Foreign Exchange Reserves (in
    Rupees crore) US $ million)
    1990-91 11,416 5,834
    1991-92 23,850 9,220
    1992-93 30,744 9,832
    1993-94 60,420 19,254
    1994-95 79,780 25,186
    1995-96 74,384 21,687
    1996-97 94,932 26,423
    1997-98 115,905 29,367
    1998-99 138,005 32,490
    1999-00 165,913 38,036
    2000-01 197,204 42,281
    2001-02 264,036 54,106
    2002-03 361,470 76,100
    2003-04 490,129 112,959
    2004-05 619,116 141,514
    2005-06 676,387 151,622
    2006-07 868,222 199,179
    2007-08 1,237,965 309,723
    2008-09 1,283,865 251,985
    2009-10 1,259,665 279,057
    2010-11 1,361,013 304,818
    2011-12 1,506,139 294,397
    2012-13 1,588,418 292,047
    2013-14 (P) 1,828,375 304,224
    Source : Reserve Bank of India (Table 160) and Economic Survey Table 61.(A) 2013-
    14 * As on July 12, 2014
    Excludes US $250.00 million (as also its equivalent value in Indian Rupee) invested in foreign currency
    denominated bonds issued by IIFC (UK) since March 20, 2009 and include US $ 6699 million reflecting the
    purchase of 200MT of Gold from IMF on November 3, 2009

    Databook for PC; 22nd December, 2014 Page 120 of 329

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