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The Economic Times

National

India’s forex reserves fall by $8.09 bn to $688.89 bn as of May 15

India Reserve Bank of India Gold

India’s foreign exchange reserves fell by $8.09 billion to $688.89 billion in the week ended May 15, according to data released by the Reserve Bank of India (RBI) on Friday.

Foreign currency assets (FCAs), the largest component of the reserves, declined by $6.48 billion to $545.90 billion during the week.

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