India's forex reserves fall $14.9 billion to $765.9 billion, sharpest weekly drop since November 2024

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India's foreign exchange reserves fell $14.9 billion to $765.9 billion in the week ended September 18, marking their sharpest weekly decline since November 2024. The drop was driven mainly by lower foreign currency assets, including a $10.9 billion dollar sale by the RBI and revaluation losses

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