Foreign exchange reserves fell for the eighth straight week after touching an all-time high of $705 billion on September 27.
According to the latest data released by the RBI, in the week ended November 22, India's foreign exchange reserves declined by $1.31 billion to stand at $656.58 billion.
Foreign currency assets—a key component of the reserves—decreased $3.043 billion to $566.791 billion, data showed.
This story is from the November 30, 2024 edition of Business Standard.
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This story is from the November 30, 2024 edition of Business Standard.
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