Forex reserves decline $763 million to $640.11 billion

The country’s foreign exchange reserves declined by $ 763 million to $ 640.112 billion in the week ended November 12, RBI data showed.

In the reporting week, the decline in the foreign exchange reserves was on account of a dip in foreign currency assets (FCA), a major component of the overall reserves, Reserve Bank of India’s (RBI) weekly data released on Friday showed.