India’s foreign exchange reserves witnessed a decrease of $1.781 billion, reaching $638.698 billion as of February 28. The reserves have been on a downward trend since hitting an all-time high in September. This decline is primarily linked to the Reserve Bank of India’s actions to stabilize the Indian Rupee. Despite occasional increases, the overall trend has been a decrease in forex reserves. The RBI’s interventions in the forex market have been aimed at managing the volatility in the exchange rate and ensuring stability in the currency. The country’s forex reserves play a crucial role in supporting the economy and maintaining confidence in the financial markets. As India continues to navigate through economic challenges, the management of forex reserves remains a key strategy for safeguarding against external shocks and maintaining a stable currency. The latest figures highlight the ongoing efforts to balance the need for liquidity with the aim of preserving the value of the Rupee. The fluctuations in forex reserves are closely monitored by market analysts and policymakers to assess the country’s external financial position and its ability to meet international obligations. The RBI’s proactive approach to managing forex reserves reflects its commitment to ensuring a resilient and secure financial system amidst global economic uncertainties.