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Forex reserves continue to fall; down from $734.5 million to $405.07 billion

Updated : July 20, 2018 11:25 PM IST

In the week under review, foreign currency assets, a major component of the overall reserves, declined $ 789.1 million to $ 380 billion, the RBI data showed.
Expressed in US dollar terms, foreign currency assets include the effect of appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves.
Gold reserves increased by $ 75.4 million to $ 21.115 billion in the reporting week.
Forex reserves continue to fall; down from $734.5 million to $405.07 billion
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