Foreign Currency Assets News

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India’s Forex Reserves Fall by $2.7 Billion to $687 Billion Amid Drop in Currency Assets and Gold

New Delhi — India’s foreign exchange reserves declined by USD 2.699 billion, falling to USD 687.034 billion for the week ending November 7, according to the Reserve Bank of India’s (RBI) latest Weekly Statistical Supplement. The drop was primarily driven by a fall in foreign currency assets (FCA) and gold reserves. The forex reserves have […]

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