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    <title>Forex kitty drops USD 8 bn to USD 688.894 bn</title>
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    <description>India&#039;s foreign exchange reserves declined during the reporting week, driven mainly by a fall in foreign currency assets, with additional decreases in gold reserves, special drawing rights, and the reserve position with the IMF. The note states that foreign currency assets are affected by changes in non-US currencies and refers to forex market intervention through dollar sales amid rupee pressure.</description>
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