India’s forex reserves dip $5.6 bn to $689.73 bn in week ended Oct 31

Despite the decline, reserves still cover more than 11 months of merchandise imports, indicating resilience in India’s external sector and sufficient buffers amid global volatility. :contentReference
India’s forex reserves dip $5.6 bn to $689.73 bn in week ended Oct 31

Despite the decline, reserves still cover more than 11 months of merchandise imports, indicating resilience in India’s external sector and sufficient buffers amid global volatility. :contentReference

India’s forex reserves declined by USD 5.6 billion to USD 689.73 billion in the week ended October 31, driven by lower foreign-currency assets and gold reserves.
Despite the decline, reserves still cover more than 11 months of merchandise imports, indicating resilience in India’s external sector and sufficient buffers amid global volatility. :contentReference

Despite the decline, reserves still cover more than 11 months of merchandise imports, indicating resilience in India’s external sector and sufficient buffers amid global volatility. :contentReference