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Forex Reserves Decline by $1 Billion to $697.93 Billion Says RBI

Summary by NEWS9 LIVE
New Delhi: India’s forex reserves dropped by USD 1.01 billion to USD 697.93 billion for the week ended June 20, the Reserve Bank of India said on Friday. In the previous reporting week, the reserves had jumped by USD 2.29 billion to USD 698.95 billion. Forex reserves had touched an all-time high of USD 704.885 billion in September 2024. For the week ended June 20, foreign currency assets, a major component of the reserves, dropped by USD 357 mil…
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New Delhi, June 27. The country's foreign exchange reserves fell by $ 1.01 billion to $ 697.93 billion in the week ended June 20. In the previous week ended June 13, the foreign exchange reserves had increased by $ 2.29 billion to $ 698.95 billion. The Reserve Bank of India (RBI) gave this information on Friday. According to this, during this period, foreign exchange assets, the main component of foreign exchange reserves, increased by $ 357 mil…

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NEWS9 LIVE broke the news in on Friday, June 27, 2025.
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