India's Forex Reserves Rebound Sharply

  Published 8 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.

You might like these

GMR Group Plans ₹25B Bond Issue

Aadhaar Seva Kendras District Rollout

UB Breweries Stock Rises Post JP Morgan

Escorts Kubota September Sales Surge

RVNL Wins Signaling & Telecoms Project

Sun Pharma Leadership Changes & USFDA Inspection Update

China FX Reserves: Modest May Increase

News that matters the most ⚡