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Forex Reserves Rise To $676 Billion: RBI
The Sunday Guardian
|April 13, 2025
India's foreign exchange reserves rose USD 10.872 billion to USD 676.26 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed.
India's foreign exchange reserves rose USD 10.872 billion to USD 676.26 billion in the week that ended on April 4, extending gains for the fifth straight week, official data released by RBI showed. Barring the latest jump, forex reserves had slumped for about four months, recently hitting an 11-month low.
Then followed the latest rollercoaster movement, with gains some weeks and declines the next. The forex reserves started falling after touching an all-time high of USD 704.89 billion in September.
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