India's forex reserves drop by $2.69 bn to $717 bn
The Hindu ·
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.
3 sources · 3 articles · updated 2026-11-06 12:43 UTC · business
The Hindu ·
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.
Business Standard ·
Experts attribute this decline to the deployment of the FCNR(B) resources and also to currency defence put up by RBI through dollar sales
The Economic Times ·
India's foreign exchange reserves fell by $2.691 billion to $717.056 billion in the week ended October 30, extending a decline from their September peak. Experts attribute the drawdown partly to the deployment of FCNR(B) funds and RBI's dollar sales to support the rupee, while foreign currency and gold assets declined.