After witnessing a rise in inflows for the past three weeks, India's foreign exchange reserves fell by $648 million to stand at $1,41,898 for the week ended April 22, 2005.
The foreign exchange reserves stood at $1,41,898 million during the week under review, according to the Reserve Bank of India's weekly statistical supplement released in Mumbai on Saturday.
The fall in the inflows is mainly due to appreciation of the US dollar and appreciation/depreciation of non-US currencies like euro, sterling and yen, analysts said.
The foreign currency assets also registered a fall by $645 million to reach $1,35,950 million for the reporting week.
Gold reserves and SDRs remained static at $4,500 million and $five million respectively.
The country's reserve tranche position in the International Monetary Fund was down by $3 million to $1,433 million, it said.
Loans and advances to the state government rose by Rs 84 crore (Rs 840 million) to Rs 4,693 crore (Rs 46.93 billion) while that to the central government showed a nil balance.
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