New Delhi, Feb. 15 -- The foreign exchange reserves of India fell $6.711 billion in the week ended 6 February to $717.064 billion, after reaching a new all-time high in the previous week, according to the latest data released by the Reserve Bank of India.
The country's foreign exchange reserves dropped significantly in the week under consideration, primarily led by a dip in gold reserves, while foreign currency assets grew.
Over the past few weeks, India's forex reserves have generally risen, reaching a record high of $723.774 billion last week.
For the week ended on 6 February, the country's foreign currency assets (FCA), the biggest component of foreign exchange reserves, were at $570.053 billion, up $7.661 billion.
Meanwhile, gold ...
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