India’s foreign exchange reserves rose $2.72 billion to $311.88 billion from $309.16 billion for the week ended April 4. The country’s foreign currency assets grew to $301.39 billion from $299.14 billion in the reporting period.
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THE EVENT: The International Monetary Fund and World Bank are holding their spring meetings in Washington this weekend. Finance officials from the Group of Seven leading industrial nations met Friday. Dow Jones Newswires coverage of the events can be found by searching the codes N/RPT and R/DC.
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WASHINGTON -(Dow Jones)- Global financial leaders turned the spotlight on currency markets over the weekend, seeking to restore market stability and prevent the financial crisis from taking another turn for the worse.
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