India's forex reserves drop by $1.02 billion

Business Jun 27, 2025

India's foreign exchange reserves dipped by $1.02 billion last week, landing at $697.93 billion.
This comes right after a $2 billion jump the week before and is just shy of the all-time high of $704.885 billion set in September 2024—so while there are some ups and downs, the reserves are still looking pretty solid overall.

RBI's stabilizing role in forex reserves

The Reserve Bank of India steps in when needed to keep the rupee stable—think selling dollars to balance things out without setting any strict targets.
These moves help prevent big drops in the rupee's value and keep India's economy steady, even when global markets get unpredictable.