After record high, forex reserves decline $3 bn to $542 bn: RBI data

After touching a lifetime high in the previous week, the country's foreign exchange reserves declined by $3.017 billion to $542.021 billion in the week ended September 25, RBI data showed on Friday.
 

In the week ended September 18, the reserves had increased by $3.378 billion to a record $545.038 billion.
 

During the reporting week, the decline in the forex kitty was mainly due to a fall in foreign currency assets (FCAs), a major component of the overall reserves.
 

FCAs decreased by $1.523 billion to $499.941 billion, the central bank data showed.

 

Expressed in dollar terms, the