
India's forex reserves drop by $2.69 bn to $717 bn
India's forex reserves fell $2.69B to $717.06B as RBI cites FCNR(B) deployments and currency defense, with declines in FCA, gold, and SDRs.

India's forex reserves fell $2.69B to $717.06B as RBI cites FCNR(B) deployments and currency defense, with declines in FCA, gold, and SDRs.
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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