India's foreign exchange reserves logged their sharpest weekly fall on record to a more-than-four-month low last week, as the dollar strengthened following the U.S. election verdict, and the central bank sold from its reserves to limit the rupee's decline.

India’s foreign reserves had their biggest weekly fall ever, indicating the central bank likely sold dollars in the market to support the local currency that fell to a record low this week.

India's foreign exchange reserves witnessed a significant decline of $17.8 billion in the week ending November 15, marking the largest weekly fall on record. This sharp drop pushed the reserves to a four-month low of $657.

Watch as Australia collapse to 67-7 in reply to India's first-innings score of 150 on day one of the first Test in Perth.

Australia removed Yashasvi Jaiswal and Devdutt Padikkal for ducks in a stunning morning session to leave India reeling on 51 for four at lunch on the opening day of the first test in Perth on Friday.

India stand-in captainJasprit Bumrah won the toss and elected to bat against Australia in the first test of the Border-Gavaskar Trophy at Perth on Friday. A look at the Playing XI of both the teams: India: KL Rahul,