Forex reserves decline by $ 310 mn

India's foreign exchange (forex) reserves declined by $ 310 million for the week ended on 11 November.

According to the weekly statistical data released by the Reserve Bank of India, the forex reserves fell to $ 142.31 billion for the week ended 11 November from $ 142.62 billion a week before.

As per the release, the foreign currency assests for the week ended 11 November dropped to $ 136.12 billion from $ 136.42 billion a week earlier. While Gold reserves were unchanged at $ 4.86 billion, Reserve Tranche Position declined marginally to $ 1.32 billion from $ 1.33 billion during the same period.