Mumbai, May 5 -- The Reserve Bank of India published its half-yearly report on management of foreign exchange today. During the half-year period under review, reserves decreased from USD 705.78 billion as at end-September 2024 to USD 630.61 billion as at end-January 2025 and was at USD 668.33 billion as at end-March 2025. Although both US dollar and Euro are intervention currencies and the Foreign Currency Assets (FCA) are maintained in major currencies, the foreign exchange reserves are denominated and expressed in US dollar terms. Movements in the FCA occur mainly on account of purchase and sale of foreign exchange by the RBI, income arising out of the deployment of the foreign exchange reserves, external aid receipts of the Central Gov...