Forex reserves down by $249 mn to $583.6 bn

The countr y's foreign exchange reserves fell by USD 249 million to USD 583.697 billion in the week ended February 12, RBI data showed on Friday. In the previous week, the reserves had declined by USD 6.24 billion to stand at USD 583.945 billion. It had touched a record high of USD 590.185 billion in the week ended January 29, 2021.