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Forex kitty drops USD 8 bn to USD 688.894 bn

Summary by NewsDrum
Mumbai, May 22 (PTI) India's forex reserves dropped USD 8.094 billion to USD 688.894 billion during the week ended May 15, the Reserve Bank of India (RBI) said on Friday. The overall reserves had jumped by USD 6.295 billion to USD 696.988 billion during the week ended May 8. The kitty had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year before the onset of the Middle East conflict which led to sever…
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NewsDrum broke the news on Friday, May 22, 2026.
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