NEW DELHI, Jan. 9 (Xinhua) -- India's foreign exchange (forex) reserves fell by 9.809 billion U.S. dollars to 686.801 billion U.S. dollars during the week ended Jan. 2, showed the weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI) on Friday.
This was said to be one of the biggest declines in India's forex reserves in recent years. During the preceding three consecutive weeks the country's forex reserves had risen.
According to the RBI data, the Foreign Currency Assets decreased by 7.622 billion U.S. dollars to 551.99 billion U.S. dollars, while the Gold Reserves fell by 2.058 billion U.S. dollars to 111.262 billion U.S. dollars.
It also showed that the Special Drawing Rights fell by 25 million U.S. dollars to 18.778 billion U.S. dollars, while the country's position in the International Monetary Fund too declined by 105 million U.S. dollars to 4.771 billion U.S. dollars. ■
