India's foreign exchange reserves fell by $2.71 billion during the week ended November 26.

The Reserve Bank of India's forex reserves decreased to $637.687 billion from $640.401 billion reported for the week ended November 19.

forex reserves
Reuters file

India's forex reserves comprise foreign currency assets (FCAs), gold reserves, SDRs, and the country's reserve position with the IMF.

On a weekly basis, FCAs, the largest component of the forex reserves, edged lower by $1.048 billion to $574.664 billion. Similarly, the value of the country's gold reserves fell by $1.566 billion to $38.825 billion, while the SDR value dipped by $74 million to $19.036 billion.

In addition, the country's reserve position with the IMF was down $25 million to $5.162 billion.