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(09/10/2026 17:42)

India's forex reserves fall by USD 12.95 billion to USD 734.61 billion

India's foreign exchange reserves declined by USD 12.952 billion to USD 734.606 billion in the week ended October 2, according to data released by the Reserve Bank of India (RBI) on Friday.

The decline follows a drop of USD 18.343 billion in the previous reporting week ended September 25, when reserves stood at USD 747.557 billion.

India's forex reserves had reached a record high of USD 785.706 billion in the week ended September 4, supported by substantial foreign currency inflows through a special concessional swap scheme for diaspora deposits, under which banks raised a record amount of nearly USD 133 billion.
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