19 February 2022, Mumbai:
The country's foreign exchange reserves declined by USD 1.763 billion to USD 630.19 billion in the week ended on February 11, the RBI data showed.
In the previous week ended February 4, the reserves had risen by USD 2.198 billion to USD 631.953 billion.
ALSO READ: RBI Governor Shaktikanta Das: There's no need to fear, even though India's inflation is expected to rise in January
It touched a lifetime high of USD 642.453 billion in the week ended on September 3, 2021.
During the reporting week, the fall in the reserves was on account of a decline in the foreign currency assets (FCA), a major component of the overall reserves.
FCA dipped by USD 2.764 billion to USD 565.565 billion in the week ended February 11.
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*Figures mentioned in the above article have been sourced from Business Standard article.
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