Forex tracker: Reserves drop $2.7 bn to $687 bn; weekly decline driven by FCA and gold

India's foreign exchange reserves have declined for the third consecutive week, falling by $2.699 billion to $687.034 billion in the week ending November 7. This drop was primarily driven by a decrease in foreign currency assets and gold reserves, continuing a steady downward trend.

Forex tracker: Reserves drop $2.7 bn to $687 bn; weekly decline driven by FCA and gold
India's foreign exchange reserves have declined for the third consecutive week, falling by $2.699 billion to $687.034 billion in the week ending November 7. This drop was primarily driven by a decrease in foreign currency assets and gold reserves, continuing a steady downward trend.