The reserves had gone down by USD 163.7 million to USD 294.87 billion for the week ended Oct 12. The reserves were up by USD 227.3 million for the week ended Oct 5.
Foreign currency assets (FCA) - the biggest component of the forex reserves - was up 351.3 million at USD 260.37 billion. The FCA had fallen by USD 150.1 million to USD 260.02 billion in the previous week, according to the weekly statistical supplement released by the RBI. The FCA were up by USD 218.3 million to USD 260.17 billion for the week ended Oct 5.
India's central bank in a statement said that FCA in the US dollar terms included the effect of appreciation or depreciation of non-US currencies held in reserve, such as the pound sterling, euro and yen.
The value of gold reserves remained unchanged at 28.13 billion since the week ended Oct 12. The reserves had zoomed USD 1.89 billion in the week ended Sep 28.
The special drawing rights (SDRs) increased by USD 5.3 million to USD 2.39 billion during the week under review, while reserves with the International Monetary Fund (IMF) were down by USD 2.8 million to USD 2.27 billion.
The SDRs had decreased by USD 9 million to USD 4.44 billion during the previous under review, while reserves with the International Monetary Fund (IMF) were down by USD 4.6 million to USD 2.26 billion.
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