India's foreign exchange reserves fall by USD 795 mn in 1 week: RBI data
The country's foreign exchange reserves dropped by USD 795 million to USD 392.785 billion in the week to November 23 due to a decline in foreign currency assets, according to RBI data.
In the previous week, the reserves had increased by USD 568.9 million to USD 393.580 billion.
In the reporting week, foreign currency assets, a major component of the overall reserves, fell by USD 841 million to USD 367.699 billion, as per the RBI data.
Gold reserves rose by USD 36.6 million to USD 20.998 billion, the data showed.
The special drawing rights with the International Monetary Fund (IMF) increased by USD 3.5 million to USD 1.457 billion.
The country's reserve position with the IMF also jumped by USD 6.2 million to USD 2.630 billion, the apex bank said.
(With inputs from agencies.)