India's forex reserves decline for third consecutive week

New Delhi [India], May 5 (ANI): India's foreign exchange reserves declined for the third week, after having risen for the seventh straight week to hit an all-time high of USD 648.562 billion.

As per the latest data released by the Reserve Bank of India (RBI), the country's foreign exchange kitty declined by USD 2.412 billion to USD 637.922 billion in the April 26 week.

India's foreign currency assets (FCA), the biggest co