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The Economic Times

Economy / The Economic Times

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Indias forex reserves fall by $8.09 bn to $688.89 bn as of May 15

India's foreign exchange reserves saw a significant drop of over eight billion dollars in the week ending May 15. Foreign currency assets and gold reserves contributed to this decline. Despite this weekly fall, the country's forex reserves remain higher compared to the previous year. The Reserve Bank of India actively monitors the market to manage currency fluctuations.

22 May 2026 5:10 pm