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Country’s Forex reserves decline over $8.5bn during last week

The country’s foreign exchange reserves declined over 8.5 billion US dollars (USD) to 726 billion US dollars during the week ended 9th of October. According to Reserve Bank of India data, Foreign currency assets, the largest component of the reserves, dropped by 7.1 billion dollars to 597.6 billion dollars during the week.

Source: All India Radio News (official). The summary and key points are quoted from that release; no AI is used. Check the source for the full text.

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