Mumbai, May 4 -- India's foreign exchange reserves fell by $4.82 billion to $698.49 billion in the week ended April 24, data released by the Reserve Bank of India (RBI) showed on Friday.

Foreign currency assets (FCAs) declined by $2.84 billion to $554.62 billion during the week. Gold reserves dropped by $1.90 billion to $120.24 billion, while Special Drawing Rights (SDRs) slipped by $67 million to $18.77 billion.

India's reserve position with the International Monetary Fund (IMF) also fell by $15 million to $4.85 billion.

Published by HT Digital Content Services with permission from Capital Market....