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February 27, 1999

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Forex reserves dip to US dollar 30.64 b

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India's foreign exchange reserves dipped to US$30.64 billion, a fall of $38 million, in the week ending on February 19.

The foreign currency assets also decreased by US$1 billion to $27.66 billion in the same period.

The gold reserves remained steady at $3 billion.

India's special drawing rights eased by Rs16.6 million to Rs3.6 billion, according to the weekly statistical supplement of the Reserve Bank of India

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Budget 1999-2000

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