India Data Hub · Macro Data
India's FX reserves fall to $671.62bn
Reserve buffer shrinks from previous week, signalling reduced external cushion
The read
India's foreign exchange reserves stood at $671.62bn in the week ended June 12, down from $681.61bn in the prior period. The decline lowers the country's buffer against external shocks. The drawdown of about $10bn from the previous week's level marks a notable decrease in the central bank's holdings.
Key numbers
- Actual: 671.62
- Previous: 681.61