Country's foreign exchange reserves fell by USD 528 million for the week ended February 19 to USD 278.672 billion compared to USD 279.2 billion in the previous week. Foreign Currency Assets (FCA),during the week,declined to USD 254.203 billion from USD 254.7 billion a week ago,the RBI said in its weekly report. Foreign currency assets expressed in US dollar terms include the effect of appreciation or depreciation of non-US currencies such as Euro,Sterling and Yen held in the reserves,the RBI said. Country's gold reserves,during the week,stood almost unchanged at USD 18.05 billion while the special drawing rights (SDR) slightly declined to USD 5.027 billion,the apex bank said. During the week,India's reserve position in the international monetary fund dropped to USD 1.386 billion from USD 1.393 billion a week ago,the central bank said.
