What was the annual percentage growth in reserves from 1992 to 1996?
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As there is no country mentioned, we take it that the question is the annual reserve percentage growth of India.
In the year 1993, the foreign reserve fund of the country was 296 US million $. In the year it was 1994 it was 299 $, in the year 1994 it was 331 $, in the year 1995 it was 310 $ and in the year 1996, it was 310 $ till March.
Thus the mean of the foreign reserve is 309 $ in these years. We can, therefore, say that the annual percentage growth of the reserve was around 9.8% on an average during these years.
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