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India's forex reserves rise to USD 702.28 billion, close to an all-time high
The Business Guardian
|October 27, 2025
India's foreign exchange reserves rose by USD 4.5 billion in the week that ended October 17 to USD 702.280 billion, primarily driven by a rise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement'.
The country's forex kitty is hovering close to its all-time high of USD 704.89 billion touched in September 2024. For the reported week, India's foreign currency assets (FCA), the largest component of foreign exchange reserves, stood at USD 570.411 billion, down USD 1.692 billion.
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