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National News

The Times of India

National / The Times of India

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India's forex kitty shrinks by $1.27 billion as gold reserves slide

In the week ending October 23, India witnessed a decline in foreign exchange reserves, dropping by $1.269 billion to a total of $719.748 billion. This decrease was primarily driven by a notable reduction in the value of gold reserves. However, foreign currency assets saw a rise of $1.358 billion, reaching $593.205 billion.

30 Oct 2026 8:08 pm