NEW DELHI, Sept. 26 (Xinhua) -- India's foreign exchange (forex) reserves dipped by 396 million dollars to 702.57 billion U.S. dollars during the week ended Sept. 19, showed the weekly data released by the country's central bank, the Reserve Bank of India (RBI), on Friday.

This was the first occasion when the country's forex reserves had fallen, after rising for three consecutive weeks.

The RBI data also revealed that the Foreign Currency Assets fell by 864 million dollars to 586.15 billion dollars, while the Gold Reserves rose by 360 million dollars to 92.78 billion dollars and the Special Drawing Rights increased by 105 million dollars to 18.88 billion dollars.

Meanwhile, India's reserves position at the International Monetary Fund improved by 2 million dollars to 4.76 billion dollars, added the RBI data. ■