Mumbai Oct 5 (IANS) India s foreign exchange (forex) reserves declined $1.26 billion during the week ended September 28 official data showed on Friday.
According to the Reserve Bank of India (RBI) weekly statistical supplement the overall forex reserves decreased to $400.52 billion from $401.79 billion reported for the week ended September 21.
India s forex reserves comprise foreign currency assets (FCAs) gold reserves special drawing rights (SDRs) and the RBI s position with the International Monetary Fund (IMF).
Segment-wise FCAs -- the largest component of the forex reserves -- plunged by $1.16 billion to $376.24 billion during the week under review.
Besides the US dollar FCAs consist of nearly 20-30 per cent of major global currencies.
The RBI weekly statistical supplement showed that the value of the country s gold reserves decreased. It went down by $70.7 million to $20.34 billion.
As per the data the SDRs value fell by $10.4 million to $1.47 billion while the country s reserve position with the International Monetary Fund (IMF) decreased by $14.6 million to $2.46 billion.

--IANS rv/sed