Overview

• RBI data released Friday show reserves at $690.72 billion for the week to Aug. 22, down from $695.1 billion a week earlier.
• Foreign currency assets fell $3.65 billion to $582.25 billion and gold holdings slipped $0.67 billion to $85.0 billion, with non‑dollar valuation shifts also influencing totals.
• NDTV reports the drop is tied to central bank intervention, with the RBI selling dollars to curb volatility as the U.S. currency strengthens.
• The rupee hit a record closing low of 88.21 per dollar after touching 88.31 intraday, following equity sales of ₹3,592.7 crore by foreign investors the previous session.
• NSDL data show year‑to‑date foreign investor outflows of $10.49 billion, while India remains the fourth‑largest reserve holder with stockpiles covering nearly a year of imports.