Mumbai, Dec. 1 -- India's foreign exchange reserves declined by USD 4.47 billion to reach USD 688.10 billion for the week ending November 21, the Reserve Bank of India (RBI) said on Friday.

The Foreign Currency Assets (FCAs), the largest component of India's reserves, witnessed a dip of USD 169 million, bringing the total to USD 560.60 billion.

The Gold Reserves were down by USD 2.67 billion, taking the total to USD 104.18 billion.

Special Drawing Rights (SDRs) were Down by USD 84 million to USD 18.56 billio, while the reserve position in the IMF was Higher by USD 23 million, reaching USD 4.75 billion.

Published by HT Digital Content Services with permission from Capital Market....