https://www.taxtmi.com/news?id=12544 Foreign exchange reserves rose during April-December 2013 driven by net positive capital account inflows-comprising foreign investment (FDI and portfolio), banking capital including NRI deposits, short-term credit, external commercial borrowings and other capital items-while the current account remained in deficit. Excluding valuation effects (BoP basis) reserves increased substantially; inclusion of a valuation loss, mainly from lower international gold prices, reduced the nominal increase. en-us Wed, 05 Mar 2014 17:47:31 +0530 Wed, 05 Mar 2014 17:48:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=12544 Foreign exchange reserves rose during April-December 2013 driven by net positive capital account inflows-comprising foreign investment (FDI and portfolio), banking capital including NRI deposits, short-term credit, external commercial borrowings and other capital items-while the current account remained in deficit. Excluding valuation effects (BoP basis) reserves increased substantially; inclusion of a valuation loss, mainly from lower international gold prices, reduced the nominal increase. News - Wed, 05 Mar 2014 17:47:31 +0530 https://www.taxtmi.com/news?id=12544