India's Forex Reserves Dip to $685.729 Billion

Published 1 year ago

According to the RBI, India's foreign exchange reserves decreased by $4.888 billion to $685.729 billion as of May 16th. While foreign currency assets rose slightly, gold reserves saw a significant drop.

Forex reserves fell by $4.888 billion.
Gold reserves declined by $5.121 billion.
Foreign currency assets increased by $279 million.

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