Mumbai, Feb 18 (PTI) The country's foreign exchange reserves declined by USD 1.763 billion to USD 630.19 billion in the week ended on February 11, the RBI data showed.

In the previous week ended February 4, the reserves had risen by USD 2.198 billion to USD 631.953 billion. It touched a lifetime high of USD 642.453 billion in the week ended on September 3, 2021.

Also Read | COVID-19 Vaccination in India: Over 2 Crore Adolescents Fully Vaccinated Against Coronavirus.

During the reporting week, the fall in the reserves was on account of a decline in the foreign currency assets (FCA), a major component of the overall reserves.

FCA dipped by USD 2.764 billion to USD 565.565 billion in the week ended February 11.

Also Read | Russia-Ukraine Crisis: Air India to Operate 3 Flights to Help Indians Fly Out Amid Tensions.

Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

Gold reserves increased by USD 952 million to USD 40.235 billion in the reporting week, the data showed.

The special drawing rights (SDRs) with the International Monetary Fund (IMF) increased by USD 65 million to USD 19.173 billion, RBI said.

The country's reserve position with the IMF decreased by USD 16 million to USD 5.217 billion in the reporting week, the data showed.

(The above story is verified and authored by Press Trust of India (PTI) staff. PTI, India’s premier news agency, employs more than 400 journalists and 500 stringers to cover almost every district and small town in India.. The views appearing in the above post do not reflect the opinions of LatestLY)