Archive · 23 Aug 2025
India's Forex Reserves Rise to $695 Billion
India's foreign money stash, called forex reserves, went up by $1.48 billion.
This means India has more money from other countries.
The main part of this, foreign currency, increased.
However, some gold was sold, so there's less gold now.
There was also a small increase in special money from the IMF.
The Reserve Bank of India (RBI) manages these reserves, and they are used to help stabilize the value of the rupee, India's currency.
India's forex reserves increased by $1.48 billion.
Total reserves reached $695.10 billion.
Foreign currency assets rose by $1.92 billion.
Gold reserves decreased by $2.16 billion.
SDRs and reserve position with the IMF also saw increases.
- Who
- Reserve Bank of India (RBI)
- What
- India's forex reserves increased.
- When
- The week ending August 15.
- Where
- India
- Why
- The RBI intervenes in the forex market for liquidity management and to curb sharp depreciation in the rupee.
- Forex Reserve Value
- $695.10 billion
- Increase
- $1.48 billion
- Foreign Currency Assets
- $585.90 billion
- Gold Reserves
- $86.16 billion
- SDRs
- $18.782 billion
- Reserve Position with IMF
- $4.754 billion
