India's forex reserves drop by $2.69 bn to $717 bn

The Reserve Bank of India reported that the country's foreign exchange reserves fell by $2.691 billion to $717.056 billion during the week ended October 30, 2026. This decline followed a previous weekly drop and marks a continued decrease from an all-time high reached in September, attributed to currency defense measures and the deployment of non-resident bank resources.

Source: India's forex reserves drop by $2.69 bn to $717 bn — The Hindu

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