Mumbai, June 29 -- India's foreign exchange reserves (forex) declined by USD 1.02 billion this week after extending gains in the previous week stabilising at USD 697.93 billion, official data released by the Reserve Bank of India showed.

The Forex extended their gains, jumping USD 2.294 billion to USD 698.950 billion in the week ending June 13.

As on June 20, the data shows that the foreign currency assets declined USD 0.36 billion to USD 589.07 billion.

Gold reserves were down by USD 5.73 million to stand at USD 85.74 billion during the week, the apex bank's data shows while the The special drawing rights were down USD 85 million to USD 18.67 billion.

Central banks worldwide increasingly accumulating safe-haven gold in their foreign ...