India's foreign exchange reserves fall $7.79 billion to $690.7 billion
NewsBytes | May 8, 2026 10:39 PM CST
Foreign currency assets and gold fall
Most of the decline came from foreign currency assets (down by $2.8 billion) and gold reserves (which fell by $5 billion).
On the flip side, Special Drawing Rights and India's position with the International Monetary Fund (IMF) went up slightly, but not enough to offset those big drops.
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