India’s forex reserves fall $1.2 billion to $719.74 billion as of October 24
India’s foreign exchange reserves fell by $1.2 billion to $719.74 billion in the week ended October 24, according to the RBI. The decline followed a sharper $5 billion drop in the previous week, when reserves stood at $721.02 billion, indicating continued pressure on the country's foreign exchange kitty.
We haven't written up this one. The Economic Times - Economy has the full story — the link below goes straight to it.
