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India's foreign exchange reserves fell in the week ending November 1 by $1.66 billion to $281.29 billion, show Reserve Bank of India (RBI) data released on Friday.
Foreign currency assets, a key component of reserves, fell by $894 million to $253.61 billion.
Gold reserves dropped by $538 million to $21.23 billion. For the week under review, the Special Drawing Rights (SDRs) fell by $46.9 million to $4.42 billion, while India's reserve position with the International Monetary Fund was down by $177.9 million to $2.03 billion.
