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The Economic Times

Business / The Economic Times

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Indias 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 for the economy.

23 Oct 2026 5:07 pm