India’s forex reserves on March 20, 2026 drop $7 bn to $709.76 bn

India’s forex reserves experienced a significant dip of $7 billion, as reported by the RBI, prompting analysis of the contributing factors and potential impact on the Indian economy. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves decreased by $7.052 billion

Rupee Hits All-Time Low as Oil Prices Surge and Dollar Strengthens

The Indian rupee plummeted to a historic low against the US dollar as escalating geopolitical tensions and soaring crude oil prices trigger economic concerns about inflation and trade deficits. Illustration: Uttam Ghosh Key Points The Indian rupee hit a record

India’s Forex Reserves Surge to a Historic Peak of $728.5 Bn

India’s forex reserves have soared to an unprecedented $728.5 billion, signalling robust economic strength and stability, according to the latest data from the Reserve Bank of India. Illustration: Dado Ruvic/Reuters Key Points India’s forex reserves hit a record high of