Forex reserves rise to $703 billion; rupee slips 14 paise
- Posted on April 24, 2026
- By Business News Today
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- 1 min read
Forex reserves rise to $703 billion; rupee slips 14 paise
India's foreign exchange reserves saw a significant jump of $2.3 billion, reaching $703 billion. This increase was driven by foreign currency assets and dollar asset revaluation. Meanwhile, the Indian rupee experienced a slight dip of 14 paise against the dollar. Traders suggest the Reserve Bank of India intervened to stabilize the local currency.
