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India’s Forex Reserves Drop by $5.6 Billion in October

Kumari Sonali

India’s Forex Reserves Drop by $5.6 Billion in October:

India’s foreign exchange reserves saw a sharp fall of $5.6 billion, settling at $689.73 billion as of October 31, 2025, according to the latest data released by the Reserve Bank of India (RBI). This marks the second consecutive weekly decline, raising questions over global market pressures, currency movements, and gold price corrections.These fell by $1.9 billion, dropping to $564.59 billion. FCAs are the largest component of the forex reserves and reflect holdings in foreign currencies like the euro, pound, yen, and others. These values also include the impact of their exchange rate fluctuations against the US dollar.

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