India's foreign exchange (forex) reserves went up by $1.63 billion to $296.63 billion for the week ended Dec 14, data released by the Reserve Bank of India (RBI) said Saturday.
Forex
India's foreign reserves up $1.63 billion
Japanese bank to roll out palm scanning ATMs
Last year thousands of quake victims fled homes in Japan, leaving their cash cards behind in the hurly burly of survival. Luckily, one bank has the answer, ATMs that use a palm-scanner to issue money.
India's forex reserves rise by $2.48 bn
India's foreign exchange reserves climbed by $2.48 billion to $306.84 billion for the week ended Dec 2, rising for the first time in five weeks due to an increase in the value of foreign currency assets and gold reserves, official data showed.
China's forex reserves
China's foreign exchange
reserves rose 30.3 percent year-on-year to hit $3.1975 trillion by the
end of June, authorities said.
The People's Bank of
China, or the central bank, said that funds outstanding for foreign
exchange in financial institutions increased 277.33 billion yuan ($42.83
billion) over the May to June period to hit 24.67 trillion yuan,
reported Xinhua.
Pakistan's forex reserves
Pakistan's foreign exchange
reserves have crossed the $18 billion mark, a record level in the
country's history, says Prime Minister Yousuf Raza Gilani.
Gilani
said this was achieved despite major economic challenges like last
year's devastating floods, the escalating prices of fuel in
international markets and global recession.




