India's forex reserves fall to $640.27 bn, down by $4.1 bn as of Dec 27

India's foreign exchange reserves dipped by $4.1 billion to $640.28 billion as of December 27, 2024. The significant drop was largely due to a $4.6 billion reduction in Foreign Currency Assets. Despite this, gold reserves increased by $541 million. India continues to rank 4th globally in foreign exchange reserves, demonstrating economic strength.