For the week-ended July 5, international foreign money belongings—a serious part of the reserves—declined by $4.2 billion to $577 billion, RBI knowledge confirmed.
In greenback phrases, international foreign money belongings embrace the impact of the appreciation or depreciation of non-US items just like the euro, pound and yen held in international trade reserves.
Gold reserves elevated by $904 million to $57.4 billion in the course of the week.