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India forex reserves climb to USD 702.28 billion, nearing record high
YUGMARG NEWSPAPER
|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 arise in gold reserves, the Reserve Bank of India (RBI) said in its latest 'Weekly Statistical Supplement’.
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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.The RBI data showed that gold reserves currently stand at USD 108.546 billion, up USD 6.181 billion from the previous week. The price of the safe-haven asset gold has been on a sharp uptrend over re
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