BusinessPhoto: Amar BusinessIndia's Forex Reserves Drop for Second Week to $726 Billion
The Reserve Bank of India reported that for the week ending October 9, India's foreign exchange reserves fell by $8.578 billion to $726.027 billion. This marks the second consecutive weekly decline following a $12.952 billion drop the previous week from a peak of $785.706 billion on September 4. The fall includes a $7.142 billion decrease in foreign currency assets and a $1.319 billion drop in gold reserves.
Amar Business·



