Ayush Kumar Jaiswal
- Economy
- January 26, 2025
- 6 views
India’s Foreign Exchange Reserves Hit 11-Month Low, Continue Decline Amid RBI Interventions
India’s foreign exchange reserves have declined for 15 out of the last 16 weeks, reaching USD 623.983 billion as of January 17, a drop of USD 1.88 billion. This decrease is primarily due to RBI interventions to stabilize the rupee, now over 10% lower than its September peak. Despite the decline, reserves remain sufficient for nearly a year’s imports.
