July 11, 2025 8:11 PM
India’s gold reserves rise by $342 million, forex stands at $699.736 billion: RBI
The country’s gold reserves grew by $342 million during the week, reaching $84.846 billion, according to the latest weekly data released by the Reserve Bank of India (RBI) on Friday. Along with gold, Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) increased by $39 million to $18.868 billion. Additionally, India’s reserve position with the IMF rose by $107 million to $4.735 billion, the data showed. This uptick in reserves comes at a time when both domestic and glo...