Steep slide: Forex reserves decline over $10bn in a week
MUMBAI: India’s foreign exchange reserves fell sharply by $10.3 billion in the week ended March 27, 2026, taking the total to $688.1 billion, driven largely by a decline in foreign currency assets and gold holdings amid currency market intervention by RBI.The fall was led by foreign currency assets, which dropped by $6.6 billion. These assets,…