India's forex reserves fall to $686 billion, down $2 billion as of May 2
- Posted on May 9, 2025
- By Business News Today
- 4 Views
India's forex reserves fall to $686 billion, down $2 billion as of May 2
India's forex reserves experienced a decrease of USD 2.065 billion, settling at USD 686.064 billion for the week ending May 2, according to the RBI. This decline was influenced by a decrease in gold reserves by USD 2.545 million and a slight dip in special drawing rights and the reserve position with the IMF.
