27-April-2025
Markets and Finance
 
India's forex reserves rises for seventh straight week to $686.145 bn
26-Apr-2025

India's forex reserves jumped USD 8.31 billion to USD 686.145 billion for the week ended April 18, the RBI said on Friday. This is the seventh consecutive week of a rise in the kitty, which had jumped by USD 1.567 billion to USD 677.835 billion in the previous reporting week ended April 11. The forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024. For the week ended April 18, foreign currency assets, a major component of the reserves, increased by USD 3.516 billion to USD 578.495 billion, the data released on Friday showed.

News Source:- https://www.business-standard.com/economy/news/india-s-forex-reserves-rises-for-seventh-straight-week-to-686-145-bn-125042501031_1.html
 
 
 

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