April 11, 2025 6:45 PM
India’s forex reserves surge to $676.3 billion
India’s foreign exchange reserves rose sharply by $10.8 billion to reach $676.3 billion in the week ended April 4, according to the Reserve Bank of India’s latest data released on Friday. This marks the fifth straight week of gains in the country's forex reserves. A major contributor to this increase was the rise in foreign currency assets, which grew by $9 billion to $574.08 billion. Gold reserves also saw a notable rise of $1.5 billion, bringing the total to $79.36 billion. Additionally, ...