Significant decline! How much have India's forex reserves fallen since US-Iran war? Asian economies biggest losers

May 14, 2026 - 15:00
Significant decline! How much have India's forex reserves fallen since US-Iran war? Asian economies biggest losers

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The erosion in reserves reflects not only intervention by policymakers to support domestic currencies, but also valuation losses in non-dollar assets, according to data compiled by Bloomberg.

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