Forex reserves decrease by USD 587 mln to USD 635.08 bn

Forex reserves have decreased by USD 587 million to USD 635.08 billion.

India’s forex reserves decreased by USD 587 million to USD 635.08 billion for the week ended December 24, the RBI said on Friday.

In the previous week ended December 17, the overall reserves had decreased by USD 160 million to USD 635.667 billion. The kitty had touched a lifetime high of USD 642.453 billion in the week ended September 3, 2021.