News > India's forex reserves fall by $2.23 billion for week ending Sep 9

India's forex reserves fall by $2.23 billion for week ending Sep 9

India's foreign exchange reserves fell by $2.23 billion to $550.87 billion for the week ending Sep 9, according to data released today by the Reserve Bank of India.

The fall in the foreign exchange reserves can be attributed to a fall in the Foreign Currency Assets (FCA), which is a major component of the overall reserves, according to the Weekly Statistical Supplement released by RBI.