India’s foreign exchange reserves rise $4.84 billion to $702.78 billion
Representational file picture.
| Picture Credit score: Reuters
India’s foreign exchange reserves have been up by $4.84 billion to $702.78 billion for the week ended June 27, the Reserve Financial institution of India mentioned on Friday (Jukly 4, 2025).
Within the earlier reporting week, the international trade reserves had dropped by $1.01 billion to $697.93 billion.
The foreign exchange reserves had touched an all-time excessive of $704.885 billion in end-September 2024.
Expressed in greenback phrases, the international foreign money property embody the impact of appreciation or depreciation of non-U.S. items just like the euro, pound and yen held within the international trade reserves.
The gold reserves have been down by $1.23 billion to $84.5 billion throughout the week ended June 27, the RBI mentioned.
The Particular Drawing Rights (SDRs) elevated by $158 million to $18.83 billion, the apex financial institution mentioned.
India’s reserve place with the IMF additionally elevated by $176 million to $4.62 billion within the reporting week, the apex financial institution knowledge confirmed.
Revealed – July 04, 2025 06:16 pm IST