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Detailed explanation-1: -India’s foreign exchange reserves fell to their lowest in over 20 months as the central bank stepped up its intervention to protect the rupee from tumbling past 80 a dollar. The reserves fell $7.5 billion to $572.7 billion as of July 15, data by the Reserve Bank of India released Friday showed.

Detailed explanation-2: -India’s foreign exchange reserves fell by $70.1 billion in 2022, data released by the Reserve Bank of India (RBI) shows. The forex reserves stood at $562.9 billion in the week ended December 30.

Detailed explanation-3: -India’s foreign exchange reserves increased by $1.727 billion to $573.727 billion in the week ended January 20, the Reserve Bank of India said on Friday. India’s forex reserves stood at $561.583 billion as on January 13, 2023. The Foreign Currency Assets stood at $503.65 billion.

Detailed explanation-4: -Foreign exchange reserves including gold, billion USD, 2021 - Country rankings: The average for 2021 based on 145 countries was 103.23 billion U.S. dollars. The highest value was in China: 3427.93 billion U.S. dollars and the lowest value was in Dominica: 0.19 billion U.S. dollars.

Detailed explanation-5: -The International Monetary Fund said global reserves have fallen by around $884 billion during the first half of 2022. The total foreign reserves of emerging markets and developing economies dropped by more than 6% in the first seven months of this year.