 "Forex reserves down by $750 mn to $351 billion")
Country's foreign exchange reserves reduced by $750.2 million to $351.615 billion in the week to November 27, due to decline in foreign currency assets, according to RBI data.
In the previous week, the reserves had fallen by $149.7 million to $352.365 billion.
Foreign currency assets (FCAs), a major component of overall reserves, fell by $726.2 million to $327.669 billion in the reporting period, RBI said in a release here today.
The gold reserves remained unchanged at $18.691 billion in the week.
India's special drawing rights with the International Monetary Fund declined by $18.2 million to $3.968 billion in the week, while country's reserve position with the Fund fell by $5.8 million to $1.286 billion, the apex bank said.
In the previous week, the reserves had fallen by $149.7 million to $352.365 billion.
Foreign currency assets (FCAs), a major component of overall reserves, fell by $726.2 million to $327.669 billion in the reporting period, RBI said in a release here today.
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FCAs, expressed in dollar terms, include the effect of appreciation and depreciation of non-US currencies such as the euro, pound and the yen, held in the reserves.
The gold reserves remained unchanged at $18.691 billion in the week.
India's special drawing rights with the International Monetary Fund declined by $18.2 million to $3.968 billion in the week, while country's reserve position with the Fund fell by $5.8 million to $1.286 billion, the apex bank said.