India's forex reserves dip by $2.69 billion: What's behind the decline?
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India's foreign exchange reserves decreased by $2.691 billion, primarily due to lower foreign currency assets and gold holdings. Foreign currency assets fell by $2.088 billion, while gold reserves decreased by $559 million during the reporting week. Despite this decline, overall ...
India's foreign exchange reserves decreased by $2.691 billion, primarily due to lower foreign currency assets and gold holdings. Foreign currency assets fell by $2.088 billion, while gold reserves decreased by $559 million during the reporting week. Despite this decline, overall reserves remain higher than the levels recorded in March 2026. Year-on-year comparisons indicate a net increase in foreign exchange reserves of $27.324 billion.
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https://timesofindia.indiatimes.com/business/india-business/indias-forex-reserves-dip-by-2-69-billion-whats-behind-the-decline/articleshow/135626724.cms
