Struck by liquidity crunch, low foreign exchange, African nations want to swap copper, gold for infra projects
In the previous week, the reserves had marginally slipped by $ 70.8 million to $ 430.501 billion but still remained above the $ 430 billion-mark
The country's gold reserves surged by $1.591 billion to $26.754 billion
The reserves are expected to fall further, as the RBI stepped up its intervention this week
India's external funding cover ratios are a little better than what they were in 2013
The rupee is already among the worst performing currencies in Asia this year as foreigners pull money out of bonds and inflows into stocks slow
Gold reserves remained unchanged at $20.666 billion
Foreign currency assets, a major component of overall reserves, dipped $1.155 billion to $342.772 billion