India's forex kitty shrinks by $1.27 billion as gold reserves slide
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This story is aggregated from The Times of India (timesofindia.indiatimes.com). Full reporting rights and copyright belong to the primary publisher.
In the week ending October 23, India witnessed a decline in foreign exchange reserves, dropping by $1.269 billion to a total of $719.748 billion. This decrease was primarily driven by a notable reduction in the value of gold reserves. However, foreign currency assets saw a rise o...
In the week ending October 23, India witnessed a decline in foreign exchange reserves, dropping by $1.269 billion to a total of $719.748 billion. This decrease was primarily driven by a notable reduction in the value of gold reserves. However, foreign currency assets saw a rise of $1.358 billion, reaching $593.205 billion.
Original Source
https://timesofindia.indiatimes.com/business/india-business/indias-forex-kitty-shrinks-by-1-27-billion-as-gold-reserves-slide-bank-credit-growth-accelerates/articleshow/135366420.cms
