India's Forex Reserves Fall to One-year Low

22 May 2026National

India's foreign exchange reserves fell to a one-year low of about $681 billion in the week ended 22 May 2026 as the RBI sold dollars to defend the rupee amid the oil-price shock and FPI outflows.

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GK ByteIndusInd Bank was incorporated in 1994 as one of the first new-generation private banks and is headquartered in Mumbai | Razorpay was founded in 2014 and is headquartered in Bengaluru, Karnataka | MSMEs in India are classified under the revised composite criteria of investment and turnover

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GK ByteSEBI was established in 1988 and given statutory powers by the SEBI Act, 1992; it is headquartered in Mumbai | ESMA, the EU's securities markets regulator, was established in 2011 and is headquartered in Paris | India's main CCPs include NSE Clearing Ltd, Indian Clearing Corporation and the Clearing Corporation of India

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