India's foreign exchange reserves declined by $2.02 billion to $646.67 billion as of May 24, 2024. This marks a dip from the previous week's reserves of $648.70 billion. The Reserve Bank of India (RBI) reported that foreign currency assets, which form a significant part of the total reserves, fell by $1.51 billion to $567.50 billion. This decline ends a three-week streak of gains in the country's forex reserves. The reserves fell by $2.03 billion over the week.