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The Economic Times

Business / The Economic Times

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Indias forex reserves fall $7.05 billion to $709.76 billion as of March 13

India's foreign exchange reserves saw a significant drop. Reserves fell by $7.05 billion to $709.76 billion in the week ending March 13. This follows a previous decline of $11.68 billion. The Reserve Bank of India intervened heavily in currency markets. The central bank sold dollars to support the rupee. Global oil prices and the Iran conflict contributed to this pressure.

20 Mar 2026 5:05 pm