India's foreign exchange reserves drop by $2.69 billion to $717 billion

Business Standard · Press Trust of India · 2026-11-06 12:05 UTC

Experts attribute this decline to the deployment of the FCNR(B) resources and also to currency defence put up by RBI through dollar sales

Experts attribute this decline to the deployment of the FCNR(B) resources and also to currency defence put up by RBI through dollar sales

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India's forex reserves dropped by $2.691 billion to $717.056 billion during the week ended October 30, the RBI said on Friday.

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