India’s foreign exchange reserves (FE) dipped by US$663 million to stand at US$312.871 billion for the week ended April 25.
In the week previous to it, forex reserves had risen by US$1.167 billion to US$313.534 billion.
Foreign currency assets (FCAs), during the reporting week declined by US$660 million to US$302.328 billion, against US$302.988 billion a week before, RBI said in its report here.
The FCAs expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as Euro, Sterling and Yen held in reserve, the Reserve Bank of India said.
