India’s forex reserves fall $4.82 billion to $698.49 billion as of April 24
- Posted on May 1, 2026
- By Business News Today
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India’s forex reserves fall $4.82 billion to $698.49 billion as of April 24
India's foreign exchange reserves saw a significant drop of $4.82 billion, reaching $698.49 billion by April 24. This decline follows a rise in the previous week. The central bank has been intervening to manage the rupee amid global uncertainties. Foreign currency assets and gold reserves contributed to the decrease. The reserves had previously hit a record high in February.