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India forex reserves slip from record high as rupee swings widen sharply
Economy
Published on 24 April 2026
Rupee moves between 83.03 and 83.36 in days
India’s foreign exchange reserves fell to $646.67 billion, down about $2 billion from a previous record high, ending a three-week growth run. The dip coincides with sharp rupee volatility, with the currency oscillating between roughly 83.03 and 83.36 per dollar during the reported period, highlighting pressure even as reserves remain near peaks.
- Forex reserves drop to $646.67 billion from a record high
- Reserves end a three-week growth streak
- Rupee volatility persists within the 83.03 to 83.36 range
- The currency swing points to ongoing market pressure
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This summarization was done by Beige for a story published on 
Republic