India's forex reserves shrink for 4 weeks in row-Xinhua

India's forex reserves shrink for 4 weeks in row

Source: Xinhua

Editor: huaxia

2026-04-03 22:37:45

NEW DELHI, April 3 (Xinhua) -- India's foreign exchange (forex) reserves fell by 10.288 billion U.S. dollars to 688.058 billion dollars during the week ended March 27, according to the weekly bulletin released by the country's central bank, the Reserve Bank of India (RBI), on Friday.

This was the fourth consecutive week when India's forex reserves had fallen. Over the past four weeks, the country's forex reserves have fallen by over 40 billion dollars.

According to RBI data, the foreign currency assets decreased by 6.622 billion dollars to 551.072 billion dollars, while the gold reserves fell by 3.666 billion dollars to 113.521 billion dollars.