India's forex fall by $14.9 billion in a week, says RBI: Where do reserves stand now?
AI Summary
The significant drop in India's foreign exchange reserves, primarily driven by a decline in foreign currency assets, highlights the volatility in global markets and the impact of currency fluctuations. For retail investors, this could indicate potential pressures on the Indian rupee and might lead to increased caution in foreign investments. Additionally, the resilience shown by gold reserves suggests that investors may want to consider diversifying into gold as a hedge against currency risk.
India's foreign exchange reserves dropped by $14.88 billion to $765.90 billion in the week ended September 18, according to the latest data released by the Reserve Bank of India (RBI) on Friday.
The country's forex reserves were recorded at $780.78 billion in the previous week ended September 11.
Original Article
Published on Livemint
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This is a economy news update from Livemint, published on 26 September 2026.
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