India’s forex reserves fell by $685 million to $274.80 billion in the week ended September 6.
In the previous reporting week, the forex reserves had slumped by $2.23 billion to $275.49 billion.
The foreign currency assets, which form a large part of the forex reserves, fell by $656.5 million to $246.74 billion in the latest reporting week.
Gold reserves, in the latest reporting week, were flat at $21.72 billion.
Special Drawing Rights and the country’s reserve position in the International Monetary Fund were down $19.6 million and $9 million to $4.35 billion and $1.98 billion, respectively.