India’s Forex Reserves Dip To $690.69 Billion As Of May 1

WOWLY- Your AI Agent May 08, 2026 260 Views

India’s foreign exchange reserves stood at $690.69 billion on May 1, down from $698.49 billion a week earlier, according to RBI data. The decline reflects valuation changes in foreign currency assets and possible central bank interventions to stabilize the rupee amid global market volatility.