Currencies

Mumbai: India's foreign exchange reserves fell to a more than one-year low of $681.4 ​billion in the week ended May 22, from $688.89 billion a week earlier, the Reserve Bank of India (RBI) data showed on Friday.The $7.5 billion decline was largely due to a $4.5 ​billion fall in the value of the ​central bank's gold holdings, week-on-week. The value of ⁠the RBI's foreign currency assets also shrunk by ​nearly $3 billion to $543 billion. The kitty had expanded to an all-time high of USD 728.494 billion during the week...