Forex reserves fall by $393 mn to $367 bn
India's forex reserves declined by $392.6 million to $366.77 billion in the week ended August 26 due to a fall in foreign currency assets (FCA), RBI said. In the previous week, the reserves had increased $1.346 billion to touch a record high of $367.169 billion. FCA fell by $390.2 million, SDRs fell $0.9 million while the gold reserves remained unchanged.