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India's Forex Reserves Drop by $8.58 Billion to $726.03 Billion in Week Ended October 9: RBI

Indias foreign exchange reserves fell by $8.578 billion to $726.027 billion in the week ended October 9, according to data released by the Reserve Bank of India (RBI). The decline followed a $12.952 billion drop in the previous week. Foreign currency assets and gold reserves recorded significant declines, while special drawing rights and Indias reserve position with the IMF also fell.

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The Economic Times broke the news in Mumbai, India on Friday, October 16, 2026.
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