New Delhi : India's foreign exchange reserves declined by USD 6.925 billion in the week that ended October 24 to USD 695.355 billion, driven by a slump in both foreign currency assets and gold reserves, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.

Still, the country's forex kitty is hovering close to its all-time high of USD 704.89 billion touched in September 2024.

For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 566.548 billion, down USD 3.862 billion.

The RBI data showed that gold reserves currently stand at USD 105.536 billion, down USD 3.010 billion from the previous week. The price of the safe-haven asset gold has been on a sharp uptrend over recent months, perhaps ami

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