India’s forex kitty shrinks by $1.27 billion as gold reserves slide; bank credit growth accelerates
India’s forex reserves fall $1.27 billion as gold holdings slide NEW DELHI: India’s foreign exchange reserves fell by $1.269 billion to $719.748 billion in the week ended October 23. The decline was primarily driven by a fall in the value of gold holdings, according to the latest data released by the Reserve Bank of India…
