Forex reserves drop $2.54 bn to $635.721 bn

Snapping the three-week rising streak, India’s forex reserves dropped by USD 2.54 billion to USD 635.721 billion in the week ended February 14, the RBI said on Friday. In the previous reporting week, the reserves had increased by USD 7.654...

PTI

Mumbai, Updated At : 10:06 AM Feb 22, 2025 IST

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Snapping the three-week rising streak, India’s forex reserves dropped by USD 2.54 billion to USD 635.721 billion in the week ended February 14, the RBI said on Friday.

In the previous reporting week, the reserves had increased by USD 7.654 billion to USD 638.261 billion.

The forex reserves had increased to an all-time high of USD 704.885 billion in September 2024.

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