India's forex reserves decline by $5.65 billion
pre-market1 source ↓written by the desknot a recommendation
- reserves fell
- $5.654 billion
- as of 26
- $666.933 billion
- drop in gold
- $5.394 billion
- decrease in foreign
- $150 million
India’s forex reserves fell by $5.654 billion to $666.933 billion as of 26 June, according to the Reserve Bank. The decline was driven by a $5.394 billion drop in gold reserves and a $150 million decrease in foreign currency assets. This comes amid rising tensions from the Iran conflict, impacting the rupee's stability.
Not investment advice. For informational purposes only.