💨 Abstract

India's forex reserves decreased by $2.675 billion to $682.13 billion for the week ended November 1, as per RBI data. The decline was driven by a decrease in foreign currency assets and a marginal drop in Special Drawing Rights, while gold reserves saw an increase. The reserves had hit an all-time high of $704.885 billion in September.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖