India's forex reserves dip by $6.4 billion to hit near 3-month low

India's foreign exchange reserves dipped by $6.4 billion to a near three-month low of $675.65 billion in the week ended November 8. The sixth consecutive decline comes amid the weakening of the rupee, pressured by a surge in dollar strength. Foreign currency assets dipped by $4.4 billion to $585.3 billion, while gold reserves fell by $1.9 billion to $67.8 billion.