India's foreign exchange reserves see USD 3.7 billion dip after scaling all-time high

Mumbai (Maharashtra) [India], October 11 (ANI): India's foreign exchange reserves dipped USD 3.7 billion to USD 701.18 billion as of October 4 after scaling all-time high, according to data released by Reserve Bank of India on Friday.

In the week ending on September 27, the forex reserves kitty rose USD 12.588 billion to USD 704.885 billion.

The reserves fell after having risen by nearly USD 35 billion in the last seven w