India’s foreign-exchange reserves fell by $2 million to $228.85 billion in the week ended Aug. 31, the Reserve Bank of India said on Friday.
Foreign-currency assets climbed $4 million to $221.51 billion, while gold reserves fell $6 million to $6.88 billion, RBI said. India's reserves with the International Monetary Fund held at $455 million in the week to Aug. 31, while the nation's special drawing rights with the fund were unchanged at $2 million, the RBI said.
The change in foreign-currency assets is partly because of changes in the value of the dollar against the euro, yen and other currencies during the period, the central bank said.