India’s forex reserves fall $5 billion to $721.02 billion as of October 16
India's foreign exchange reserves fell by $5 billion to reach $721.02 billion for the week ending October 16. Previously, reserves declined by $8.578 billion to an amount of $726.027 billion. The decline in reserves reflects ongoing economic conditions impacting forex stability within the country. This trend indicates a continued volatility in India's foreign exchange market and its implications…
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
