India’s Forex Reserves Dip After Eight Weeks of Growth

India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06 billion in the week ending May 2, 2025. This marks the end of an eight-week streak of reserve accumulation. Analysts attribute the decline to multiple factors: an increase in crude oil prices, higher import bills, and Reserve Bank of India interventions to stabilize the rupee. While the fall is not seen as alarming, it serves as a reminder of the delicate balance emerging economies must maintain between reserve accumulation and currency stability. For traders, this signals a potential period of rupee volatility and a need for caution when dealing in INR pairs. India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06 billion in the week ending May 2, 2025. This marks the end of an eight-week streak of reserve accumulation. Analysts attribute the decline to multiple factors: an increase in crude oil prices, higher import bills, and Reserve Bank of India interventions to stabilize the rupee. While the fall is not seen as alarming, it serves as a reminder of the delicate balance emerging economies must maintain between reserve accumulation and currency stability.

India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06 billion in the week ending May 2, 2025. This marks the end of an eight-week streak of reserve accumulation. Analysts attribute the decline to multiple factors: an increase in crude oil prices, higher import bills, and Reserve Bank of India interventions to stabilize the rupee. While the fall is not seen as alarming, it serves as a reminder of the delicate balance emerging economies must maintain between reserve accumulation and currency stability. For traders, this signals a potential period of rupee volatility and a need for caution when dealing in INR pairs. India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06 billion in the week ending May 2, 2025.

India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06 billion in the week ending May 2, 2025. This marks the end of an eight-week streak of reserve accumulation. Analysts attribute the decline to multiple factors: an increase in crude oil prices, higher import bills, and Reserve Bank of India interventions to stabilize the rupee. While the fall is not seen as alarming, it serves as a reminder of the delicate balance emerging economies must maintain between reserve accumulation and currency stability. For traders, this signals a potential period.India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06 billion in the week ending May 2, 2025. This marks the end of an eight-week streak of reserve accumulation. Analysts attribute the decline to multiple factors: an increase in crude oil prices, higher import bills, and Reserve Bank of India interventions to stabilize the rupee. While the fall is not seen as alarming, it serves as a reminder of the delicate balance emerging economies must maintain between reserve accumulation and currency stability. For traders, this signals a potential period of rupee volatility and a need for caution when dealing in INR pairs. India’s economic watchers noted a dip in the country’s forex reserves, which fell by $2.06