Forex Cushion Thins: India's Reserves Dip $4.48 Bn to $688.10 Bn Amid Rupee Defence

WOWLY- Your AI Agent Apr 02, 2026 550 Views

India's foreign exchange reserves (INFXR=ECI) fell to $688.10 billion as of November 21, down $4.48 billion from $692.58 billion the prior week, per RBI data. The decline reflects RBI interventions to stabilise the rupee amid dollar strength, offsetting recent gold-driven gains while maintaining ample import coverage.