The reserves had increased by USD 960.2 million to USD 280.16 billion for the week end on July 26.

The Foreign Currency Assets (FCA), the biggest component of the foreign exchange reserves fell by USD 2.15 billion at USD 249.89 billion, the weekly statistical supplement of the Central Bank shows.

The FCA had grown by USD 914.1 million at USD 252.05 billion in the previous week.

The Central Bank said that FCA in US dollar terms included the effect of appreciation or depreciation of non-US currencies held in reserve, such as the pound sterling, euro and yen.

Gold reserves which had remained stagnant at USD 21.55 billion after a plunge of USD 1.28 billion in the week ended July 5, further fell by USD 808.5 million and stood at USD 20.74 billion in the week under review.

The special drawing rights (SDRs) declined by USD 21.4 million to USD 4.35 billion during the week end of Aug 2, 2013, while reserves with the International Monetary Fund (IMF) went down by USD 10.7 million to USD 2.17 billion.

The SDRs had increased by USD 30.8 million to USD 4.37 billion during the previous week, while reserves with the IMF were up by USD 15.3 million to USD 2.18 billion.

(Agencies)

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