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Drop in India’s Foreign Exchange Reserves

Kumari Sonali

Drop in India’s Foreign Exchange Reserves:

India’s foreign exchange reserves decreased by $2.163 billion, bringing the total to $688.267 billion for the week ending October 18, as reported by the Reserve Bank of India. This decline follows a significant drop of $10.746 billion in the previous week, marking one of the largest reductions in reserves in recent times.

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