India's forex reserves fall by over 1.2 bln USD-Xinhua

India's forex reserves fall by over 1.2 bln USD

Source: Xinhua

Editor: huaxia

2026-10-30 22:34:30

NEW DELHI, Oct. 30 (Xinhua) -- India's foreign exchange (forex) reserves fell by 1.269 billion U.S. dollars to 719.748 billion dollars during the week ended Oct. 23, showed the latest weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI), on Friday.

This was the seventh consecutive week when India's forex reserves had declined. During the preceding week the country's forex reserves had fallen by over 5 billion dollars.

According to the RBI data, the Foreign Currency Assets (FCAs) had increased by 1.358 billion dollars to 593.205 billion dollars, while the Gold Reserves decreased by 2.65 billion dollars to 103.15 billion dollars. ■