May 18, 2012 11:08 pm | Updated July 11, 2016 06:41 pm IST - MUMBAI:
Foreign exchange reserves had their second consecutive weekly fall, coming down by $1.37 billion to $291.80 billion on the back of a decline in the core currency assets.
The reserves had dwindled by $2.19 billion to $293.17 billion in the previous week.
Foreign currency assets, a major component of the forex reserves, dropped by $1.33 billion to $257.86 billion for the week ended May 11, the Reserve Bank of India said on Friday.
Gold reserves were unchanged at $26.61 billion, it said.
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