India's forex reserves decline

MUMBAI, Dec. 24 (Xinhua) -- India's foreign exchange reserves decreased to 563.5 billion U.S. dollars from 564.07 billion U.S. dollars during the week ending Dec. 16, the central bank has said.

The decline was reported after a five-week rising streak.

The country's Foreign Currency Assets (FCA), a major component of the overall reserves, decreased by 500 million U.S. dollars to 499.624 billion U.S. dollar