As of January 10, 2025, India's foreign exchange reserves have declined for the sixth consecutive week, reaching a 10-month low of $625.87 billion. This marks a significant drop from the all-time high of $704.89 billion recorded in September 2024. Factors Behind the Decline A major factor contributing to this decline is the Reserve Bank of India's (RBI) intervention to stabilize the... https://bonanzawealth.com/the-decline-of-indias-foreign-exchange-reserves-to-a-10-month-low/