India FX Reserves Decline for Fourth Week, Down $50 Billion From Peak
India's foreign exchange reserves have fallen for four consecutive weeks, reaching $734.6 billion. This represents a decrease of approximately $50 billion from their recent peak of $785.71 billion recorded on September 4.
6 billion, according to a footnote to Reserve Bank of India Governor Sanjay Malhotra’s statement. 71 billion on September 4, a drop of about $50 billion in less than 4 weeks.