India's Forex Reserves Plummet, Modi Urges Saving Spree

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India's Forex Reserves Plummet, Modi Urges Saving Spree

India's forex reserves just took a big plunge, dropping by a staggering $7.5 billion to $681.4 billion as of May 22. The RBI reported this wild dip after a record high in February, and now PM Modi is urging folks to save up by skipping foreign trips and gold purchases. Looks like everyone’s tightening their belts and going for a frugal vibe!

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india's forex reserves take a dive, modi calls for saving