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Forex reserves jump to $690 bn on rise in gold

First India Jaipur

|

May 17, 2025

The Special Drawing Rights (SDRs) were down by USD 26 mn to USD 18.532 bn

- Agencies

Forex reserves jump to $690 bn on rise in gold

India's forex reserves jumped by USD 4.553 billion to USD 690.617 billion for the week ended May 9 on the back of a steep increase in gold assets, the RBI said on Friday.

In the previous reporting week, the overall reserves had dropped by USD 2.065 billion to USD 686.064 billion.

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