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India's Forex Reserves Decline by $10.29 Billion, Totaling $688.06 Billion

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India's Forex Reserves Plunge by USD 10.29 Billion Amid West Asia Conflict

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News18•03-04-2026, 17:30

India's Forex Reserves Plunge by USD 10.29 Billion Amid West Asia Conflict

•India's forex reserves dropped by USD 10.288 billion to USD 688.058 billion for the week ended March 27.
•This follows a previous decline of USD 11.413 billion, bringing total reserves down from USD 698.346 billion.
•The reserves had reached an all-time high of USD 728.494 billion before the West Asia conflict.
•RBI has been intervening in the forex market with dollar sales to manage rupee pressure.
•Foreign currency assets decreased by USD 6.622 billion, and gold reserves fell by USD 3.666 billion.

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