The Economic Survey on Friday said India has the fourth largest foreign exchange reserves, which helped the nation to tide over global financial crisis .
India's foreign exchange reserves touched $ 297.3 bn in December, 2010 from $ 279.1 bn in March. "It needs to be acknowledged that foreign exchange reserves have helped insulate India from the worst impact of the crisis," it said.
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I think we need to examine the character of inflows into the country and a substantial part of it is in Stock market and not direct foreign investments!
"The Economic Survey on Friday said India has the fourth largest foreign exchange reserves, which helped the nation to tide over global financial crisis "
