India’s foreign exchange (forex) reserves decline by about $8.58 billion to $726.03 billion, according to Reserve Bank of India (RBI) data cited by multiple outlets. The latest weekly figures show a reduction in overall reserves compared with the prior week.
Outlets report that the decline follows a similar drop in the previous week, when reserves fell by $12.952 billion, extending a downward trend after reaching a record high in September. One source adds detail on gold holdings, saying gold reserves decrease by $1.319 billion to $105.094 billion during the same week. Other outlets focus primarily on the total reserve change and the persistence of the fall across consecutive weeks.
The reporting does not attribute the movement to a specific driver, but the accounts collectively emphasize the size of the weekly decline, the new total level, and the continuation of the recent downward pattern from earlier peak levels.
