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India’s foreign exchange reserves decreased by USD 2.691 billion, settling at USD 717.056 billion for the period concluded October 30, according to the Reserve Bank of India.
During the week concluded October 30, foreign currency assets, a significant constituent of reserves, declined by USD 2.088 billion, settling at USD 591.118 billion.
Gold reserves witnessed a decline of USD 559 million, settling at USD 102.591 billion over the week. Special Drawing Rights decreased by USD 47 million, reaching USD 18.558 billion.
India’s foreign exchange reserves held with the International Monetary Fund increased by USD 3 million, reaching USD 4.79 billion, according to the Reserve Bank of India.
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