India's foreign exchange reserves saw an increase of $2.49 billion during the week ending November 6. This rise follows two weeks of decline, where reserves fell significantly. The previous reserves were reported at $717 billion for the week ending October 30. An all-time high of $785.7 billion was recorded on September 4 this year.
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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