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Forex reserves cross $116 billion
Mumbai: India 's foreign exchange reserves have jumped by a record $3.37 billion to cross the $116 billion mark for the week ended April nine. The country's forex reserves rose from $1,12,680 million to a new peak of $1,16,060 million in the period under review, according to Reserve Bank of India 's weekly statistical supplement issued on Saturday.

Foreign currency assets also surged ahead by $3,385 million at $1,10,560 million, while gold reserves and special drawing rights remained static at $4,198 million and $2 million respectively.
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domain-B : Indian business : News Review : 19 April 2004 : banking and finance