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Foreign exchange reserves fell by $502.4 million during the week ended September 21, to $293.97 billion.
In the previous week ended September 14, the reserves stood at $294.47 billion.
The forex reserves comprise foreign currency assets, gold reserves, SDRs (Special Drawing Rights) and reserve tranche position in the IMF.
The decrease in reserves during the week was mainly on account of foreign currency assets falling by $485.6 million. There was, however, no change in gold reserves of the country which was at $26.23 billion.
Since March-end, the reserves have dropped by $423.1 million.
>satyanarayan.iyer@thehindu.co.in
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