India’s foreign exchange reserves faced a considerable downturn last week, plunging by $4.9 billion to a total of $780.7 billion. This decrease was influenced by lower valuations of gold reserves and a drop in foreign currency assets. To counteract rupee depreciation, the Reserve Bank of India is likely to have intervened by selling dollars. Some analysts speculate that FCNR(B) inflows pending conversion may have already been swapped.
Equity MF inflows slide 14%; large & midcaps gain traction
Inflows into equity mutual fund schemes fell by 14% in October, reflecting a trend of reduced investor allocations. Although smallcap funds saw decreasing inflows, large
November 12, 2026