India’s forex reserves fall $8.58 billion to $726.03 billion
India’s foreign exchange reserves fell by $8.578 billion in the week ended October 9, according to Reserve Bank of India data released October 16.
India’s foreign exchange reserves decreased by $8.578 billion to $726.027 billion in the week ended October 9, extending their decline amid pressure on the rupee, data released by the Reserve Bank of India (RBI) on October 16 showed. Net dollar sales were estimated at around $9.8 billion. There was a…