Forex fall: India’s reserve falls $9.81 billion to $686.80 billion; RBI data shows weekly decline

India's foreign exchange reserves saw a significant dip of $9.809 billion, settling at $686.801 billion in the week ending January 2. This decline follows a previous rise, with foreign currency assets and gold reserves both contributing to the decrease. Special Drawing Rights and the country's IMF position also experienced minor reductions.

Forex fall: India’s reserve falls $9.81 billion to $686.80 billion; RBI data shows weekly decline
India's foreign exchange reserves saw a significant dip of $9.809 billion, settling at $686.801 billion in the week ending January 2. This decline follows a previous rise, with foreign currency assets and gold reserves both contributing to the decrease. Special Drawing Rights and the country's IMF position also experienced minor reductions.