India's foreign exchange reserves dropped for a sixth consecutive week to a near 3-month low of $675.65 billion as of Nov. 8, data from the Reserve Bank of India (RBI) showed on Friday.

India’s foreign exchange (forex) reserves declined for the sixth consecutive week, reaching a near three-month low of $675.65 billion as of November 8, according to data released by the Reserve Bank of India (RBI) on Friday.

The forex reserves had dropped by $2.675 billion to $682.13 billion in the previous reporting week. The reserves are down $29.2 billion from the record-high of $704.89 billion hit