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Saudi reserves dip $49 bn from end-2014: Report

Saudi Arabia`s foreign currency reserves dropped by $49 billion in the first four months of 2015 following the dive in world oil prices, a report said Monday.

India's reserves rise $20 billion in Q1, buck slower reserve growth trend

India has posted the biggest gain in hard currency reserves of any major emerging economy in the past year, bucking the weaker trend in fellow BRICS states Russia, Brazil and South Africa.

RBI buys $19.1 bn forex forwards in May to shore up reserves

The Reserve Bank will continue to shore up its forex kitty after having bought USD 19.1 billion of short-term forwards in May following improvement in investor confidence post Narendra Modi-led BJP's victory in the general elections, a report said Tuesday.

India's forex reserves up $1.97 bn

India`s foreign exchange (forex) reserves rose by $1.97 billion to $313.83 billion for the week ended May 9, led by a sharp jump in overseas currency assets, RBI data showed.