India's foreign exchange reserves declined by $902 million to $474.66 billion during the week ended April 3. Foreign Currency Assets, the largest component of the forex reserves, edged lower by $547 million to $439.11 billion. Similarly, the value of the country's gold reserves decreased by $340 million to $30.55 billion. Over the past six months, the forex reserves continued to grow before falling due the Covid-19 pandemic.

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