The holdings ‘remain comfortable’, extending cover for goods imports for about 11 months, the Reserve Bank of India said.

Mumbai, May 22 (PTI) India’s forex reserves dropped USD 8.094 billion to USD 688.894 billion during the week ended May 15, the Reserve Bank of India (RBI) said on Friday. The…

The Reserve Bank of India sold $9.8 billion in March 2026 as the rupee dropped 4%, its steepest monthly decline since 2019, amid Iran conflict disruptions.

The Reserve Bank of India sold $9.76 billion in forex in March 2026 as the rupee dropped 4%, its steepest monthly fall since 2019, amid the US-Iran conflict.

India's foreign exchange reserves fell by $8.094 billion to $688.894 billion for the week ending May 15, following a $6.295 billion rise the previous week.

The holdings ‘remain comfortable’, extending cover for goods imports for about 11 months, the Reserve Bank of India said.