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India's forex reserves dip by $2.69 billion: What's behind the decline?

India's foreign exchange reserves decreased by $2.691 billion, primarily due to lower foreign currency assets and gold holdings. Foreign currency assets fell by $2.088 billion, while gold reserves decreased by $559 million during the reporting week. Despite this decline, overall reserves remain higher than the levels…

Reported by The Times of India. We will add other newspapers as they cover it.

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  1. The Times of IndiaIndia

    India's forex reserves dip by $2.69 billion: What's behind the decline?

    India's foreign exchange reserves decreased by $2.691 billion, primarily due to lower foreign currency assets and gold holdings. Foreign currency assets fell by $2.088 billion, while gold reserves decreased by $559 million during the reporting week. Despite this decline, overall reserves remain higher than the levels…

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