India's forex reserves fall by $4.50 billion to $528.37 billion

India's foreign exchange reserves fell by $4.50 billion to $528.37 billion for the week ending October 14, Reserve Bank of India data showed on Friday. The fall can be attributed to a decline in Foreign Currency Assets, which dropped $2.83 billion to $468.67 billion. In the previous week, the forex reserves had improved for the first time in 10 weeks.