The drop in the reserves came after it rose by $963 million to $671.63 billion in the earlier week ended June 19, 2026.
Foreign currency assets (FCAs) — the largest component of the reserves — declined by $150 million to $5541.07 billion during the week.
On the other hand, gold reserves also saw a $5.39 billion decrease to stand at $102.53 billion.
Meanwhile, Special Drawing Rights (SDRs) fell by $89 million to $18.55 billion, while India’s reserve position with the International Monetary Fund (IMF) eased by $21 million to $4.77 billion.
The RBI continues to keep a close watch on developments in the foreign exchange market and steps in whenever required to maintain orderly market conditions, while refraining from targeting any specific exchange rate.