India's foreign exchange reserves fell for the third week in a row by 544 million US dollars for the week ended July 8, 2005.

According to the Reserve Bank of India's weekly statistical supplement, released from Mumbai on Saturday, the foreign exchange reserves stood at 136,899 million US dollars, a drop of 544 million US dollars, during the week under review.

The foreign currency assets declined by 529 million US dollars to 130,897 million US dollars for the reporting week.

The fall in the inflows is mainly due to revaluation of global currencies including the US dollar, analysts said.

Source: Xinhua