Mumbai: Continuing a downward trend for the third consecutive week, India's foreign exchange reserves fell by USD 101.3 million to USD 315.596 billion in the week to September 19 despite a rise in non-US currency assets.
In the week to September 12, the reserves had dropped by USD 1.615 billion to USD 315.697 billion.
Foreign currency assets (FCAs), a major constituent of overall reserves, rose by USD 18.9 million to USD 288.783 billion for the week under review, Reserve Bank said Friday.
FCAs, expressed in dollar terms, include the effect of appreciation/depreciation of the non-US currencies such as the euro, pound and yen held in reserves.
The gold reserves remained unchanged at USD 20.933 billion.
The special drawing rights were down USD 8.4 million to USD 4.324 billion, while India's reserve position with the IMF dipped by USD 111.8 million to USD 1.555 billion during the week, the RBI data showed.
