Mumbai: The country's foreign exchange reserves declined by USD 113.5 million to USD 353.347 billion in the week to August 7 on account of a fall in foreign currency assets (FCAs), a key constituent.
The reserves were down by USD 187.6 million to USD 353.46 billion in the previous reporting week. They had touched a life-time high of USD 355.46 billion in the fortnight ended June 19.
FCAs, a major component of overall reserves, fell by USD 78.2 million to USD 329.797 billion in the reporting week, the RBI data showed.
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.
Gold reserves stood at USD 18.250 billion.
The special drawing rights with the International Monetary Fund were down by USD 9.4 million to USD 4.019 billion in the week under review, while India's reserve position with the Fund also declined by USD 25.9 million to USD 1.280 billion, the apex bank said.
