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<h1>India's Forex Reserves Drop by $4.112 Billion Due to Revaluation and Market Interventions, Reports RBI.</h1> India's foreign exchange reserves fell by USD 4.112 billion to USD 640.279 billion for the week ending December 27, as reported by the Reserve Bank of India. This decline follows a previous drop of USD 8.478 billion. The decrease is attributed to revaluation and RBI's forex market interventions to stabilize the rupee. Foreign currency assets, a significant part of the reserves, decreased by USD 4.641 billion, while gold reserves rose by USD 541 million. Special Drawing Rights decreased by USD 12 million, and India's IMF reserve position remained unchanged at USD 4.217 billion.