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India's forex kitty falls $2.6 billion to $682 billion as of November 1

By Economic Times - 2 weeks ago
India's forex reserves decreased by $2.6 billion to $682.1 billion for the week ending November 1, as the Reserve Bank of India likely intervened to support the weakening rupee. The rupee fell slightly against the dollar, closing at 84.07, after hitting a record low during the week. Outflows from Indian stocks and bonds contributed to the pressure on the currency.

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