In this regard, the report of the Indian media has stated that India's foreign exchange reserves have decreased by 4.5 billion dollars to 528.37 billion dollars in the week ending on October 14.
After the current situation, foreign exchange reserves have fallen to the lowest level in two years. These figures are taken from a report released by the Reserve Bank of India.
Even before this, on October 7 this month, India's foreign exchange reserves decreased for the ninth consecutive week. India's foreign exchange reserves stood at $537.52 billion at the end of the week ending September 23.
According to Indian media, the country's foreign exchange reserves have been steadily dwindling for the past several weeks, and the RBI has used the foreign exchange reserves at a fraction of the dollar to manage the rapidly depreciating rupee.
Read more: Big shock to the US dollar: Indian rupee on all sides
It should be remembered that the value of the Indian rupee continues to decline and on Friday, the Indian rupee fell below 82 per dollar against the dollar.
Traders say the central bank also intervened during the period to stem the currency's downward spiral.