India's forex reserves drop by $8.58 billion to $726.03 billion in week ended October 9: RBI

· economictimes.indiatimes.com

Indias foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank of India (RBI). The decline followed a $12.952 billion drop in the previous week. Foreign currency assets and gold reserves recorded significant declines, while special drawing rights and Indias reserve position with the IMF also fell.

Foreign currency assets fall by $7.14 billion

Gold reserves decline by $1.32 billion

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