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Forex reserves near 2-month low

Financial Express Mumbai

|

March 21, 2026

INDIA'S FOREIGN EXCHANGE reserves fell to $709.76 billion, as of March 13,the lowest since mid-January and down about $7.7 billion week-on-week as the central bank ramped up its defence of the rupee, which has struggled since the Iran war broke out.

- REUTERS

The reserves had hit a record high of $728.5 billion in late February, before the war.

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