India's forex reserve - The Statesman

India’s forex reserve

India’s forex reserves spike by USD 2.951 billion to USD 645.583 billion

It was in September 2021 that India’s forex kitty reached an all-time high of $642.453 billion. It took a hit as the RBI deployed the kitty to defend the rupee amid pressures caused majorly by global developments since last year.

# Business

India’s forex reserves dip by $7.94 billion; hit the lowest level in 23 months

India's foreign exchange (forex) reserves slumped by $7.941 billion to $553.105 billion for the week ended September 2, the lowest level in almost two years, the Reserve Bank of India (RBI) data showed.

Forex reserves decline by over $2.9 bn

FCAs, the largest component of the forex reserves, edged lower by $743 million to $491.550 billion.