# India's forex reserves drop $2.69 bn to $717 bn

> India’s foreign exchange reserves fell by $2.691 billion to $717.056 billion in the week ended October 30, marking a third consecutive weekly decline. Foreign currency assets and gold holdings accounted for most of the decrease.

- Date: 2026-11-08 · published 2026-11-08T06:10:18.007Z
- Category: report · region India · magnitude low
- Page: https://feedsoft.ai/events/87053-india-s-forex-reserves-drop-2-69-bn-to-717-bn
- Commodities: [Indian Rupee (INR per USD)](https://feedsoft.ai/c/USDINR.md)

## Why it matters

Reserve changes can influence perceptions of currency stability and import-payment capacity, but this report does not establish a direct effect on feed or agricultural commodity prices.

## Sources

- miscw.com: https://www.miscw.com/indias-forex-reserves-drop-2-69-bn-to-717-bn-156629.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.