Report
India's forex reserves fell $8.58 billion to $726.03 billion in the week ended October 9
The Economic Times reports, citing RBI data, that foreign currency assets fell $7.14 billion and gold reserves $1.32 billion.
TLDR
The Economic Times reports, citing Reserve Bank of India data, that India's foreign exchange reserves fell $8.58 billion to $726.03 billion in the week ended October 9, following a $12.95 billion drop the previous week. Foreign currency assets and gold reserves accounted for most of the latest decline; special drawing rights and India's reserve position with the IMF also fell.
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