864 billion, and was cited by Asian Development Bank' s Chief. Indian forex reserves fell to $ 399. In early April, India' s foreign exchange reserves had hit a life- time high of $ 424. 28 billion in the week ending 7 September, as per weekly data from the Reserve Bank of India. Imithetho yase indian forex. Mumbai: India' s foreign exchange ( forex) reserves may soon drop below the $ 400 billion mark for the first time since November as the Reserve. India' s foreign exchange reserves fell to just above the $ 400 billion mark, according to data released by the Reserve Bank of India on Friday. With the rupee coming under severe pressure due to meltdown in the Turkish lira, India' s foreign exchange reserves has come within striking.