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India's Forex Reserves Fall by $3bn to $700bn
The Business Guardian
|July 13, 2025
India's foreign exchange reserves (forex) witnessed a slip of USD 3.049 billion to USD 699.736 billion for the week ending July 4 amid the uncertain global trade environment, official data released by the Reserve Bank of India showed.
In the preceding week, the country's forex reserves registered an uptick of USD 4.8 billion to USD 702.78 billion.
In the week ending July 4, according to the RBI data, the major component of the forex reserves, the foreign currency assets, slipped USD 3.537 billion to USD 591.287 billion.
Contrary to the dip in the previous week, the Gold reserves witnessed an uptick of USD 342 million to $84.846 billion in the week ending July 4, data suggests.
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