India's foreign exchange reserves fell by $5.7 billion to $634.59 billion for the week ended January 3, data released by the Reserve Bank of India (RBI) on Friday showed. This is the lowest level in last ten months for the reserves.
Foreign currency assets decreased by $6.441 billion to $545.48 billion, the data released on Friday showed.
Gold reserves increased by $824 million to $67.092 billion during the week. The Special Drawing Rights (SDRs) were down by $58 million to $17.815 billion, the RBI said.
India's reserve position with the IMF was down by $18 million at $4.199 billion in the reporting week, the apex bank data showed.
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