Archive · 25 Oct 2025

India's Forex Reserves Increase on Gold Purchases

India's Forex Reserves Increase on Gold Purchases

India's foreign money reserves went up.

This is mainly because the country's central bank, the RBI, bought more gold.

The RBI has been buying a lot of gold to store money instead of keeping it in other countries' bonds.

Buying gold helps India protect its money in case of problems with other countries.

The total amount of money reserves is over $700 billion.

However, some of the money held in foreign currencies decreased a bit.

Sources