India's foreign exchange reserves declined by USD 2.691 billion to USD 717.056 billion in the week ended October 30, according to the latest data released by the Reserve Bank of India (RBI) on Friday.
aninews.in reported on November 13 that India’s foreign exchange reserves had reached $719.55 billion, with gold holdings rising by $2.21 billion. The Hindu had reported an earlier fall of $2.69 billion, to $717.06 billion, for the week ended October 30. The Hindu cited Reserve Bank of India explanations including FCNR(B) fund deployments and currency defense, while aninews.in’s headline does not state the period covered by its latest figures.
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