India's Forex Reserves Rebound Sharply

  Published 11 months ago

India's forex reserves rose USD 2.703 billion to USD 698.192 billion for the week ending July 25, reversing prior declines.

  • Foreign currency assets climbed USD 1.316 billion, reaching USD 588.926 billion, the largest component of overall reserves.
  • Gold reserves surged USD 1.206 billion to USD 85.704 billion, marking consistent growth over recent weeks.
  • SDRs with the IMF increased by USD 126 million, standing at USD 18.809 billion as of the reported week.

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