MUMBAI: India's forex reserves dipped by $ 2.183 bn to $ 252.977 bn for the week ended April 10, as against 255.160 bn in the previous week.
During the week ended April 3, the country's total reserves had increased by $ 2.834 bn.
The foreign currency assets (FCAs) dropped by $ 2.174 bn to $ 242.423 bn as compared to $2 44.597 bn in the previous week, the Reserve Bank of India said in its weekly report.
FCAs, expressed in US dollar terms, include the effect of appreciation or depreciation of non-US currencies such as Euro, Sterling and Yen.
India's gold reserves and special drawing rights (SDRs) remained unchanged at $9.577 bn and $ one mn respectively during the week.
India's reserve position in the International Monetary Fund (IMF) decreased by USD nine million to USD 976 million in the week as compared to USD 985 million in the previous week.
Source : The Economic Times