India’s forex reserves fall $12.95 billion to $734.60 billion in week ended October 2

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India’s foreign exchange reserves fell by $12.95 billion to $734.60 billion in the week ended October 2, driven by a decline in foreign currency assets and gold reserves, according to data released by the Reserve Bank of India on Friday. The reserves had fallen by $18.34 billion to $747.56 billion in the previous reporting week ended September 25.

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