India's foreign exchange reserves snapped a three-week gaining streak to drop to $635.72 billion as of February 14, coming off over one-month highs, data released by the central bank on Friday showed.

India's foreign exchange reserves declined by $2.5 billion, reaching $635.72 billion, according to Reserve Bank of India data. The RBI monitors the forex market and intervenes to manage liquidity and prevent sharp depreciation of the rupee,

India's forex reserves dipped $2.5 billion. RBI releases India's forex reserves' data every Friday, closely monitoring the economic indicator of foreign trade. As per the Weekly Statistical Supplement released by the central bank,