Business

RBI Puts 51.8% Forex Assets in US Treasuries

The RBI in its latest report on its investment pattern and earnings of the foreign currency assets has said that out of the total foreign currency assets of $ 274.3 billion it had invested $ 142.1 billion in securities and $ 126.9 billion was deposited with the other central banks, BIS and IMF, in March 2011.

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