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T The Radius News 2026-10-30
Forex Reserves Drop by Over $1.2 Billion Last Week India's foreign exchange reserves decreased by over 1.2 billion US dollars, totaling 719.7 billion US dollars for the week ending on the 23rd of this month. The Reserve Bank of India reported a drop in gold reserves by 2.6 billion US dollars, bringing them to 103 billion US dollars. Additionally, the country's reserve position with the International Monetary Fund fell by four million to 4.78 billion US dollars. In contrast, foreign currency assets increased by 1.3 billion US dollars, reaching 593.2 billion US dollars, while Special Drawing Rights rose by 27 million US dollars to 18.6 billion US dollars.
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