India currency reserves increased by USD 8,31 billion to reach USD 686,145 billion for the week that ended on April 18, marking the seventh consecutive week of growth. | Photo credit: given Ruvic/Reuters
India Forex reserves rose to USD 8.31 billion to USD 686,145 billion for the week ending on April 18, RBI said Friday.
This is the Sevens consecutive week of an increase in the kitten, which had increased in USD 1,567 billion to USD 677,835 billion in the Previus refund week that ended on April 11. Forex reserves had touched a historical maximum of USD 704.
For the week that ended on April 18, the assets in foreign currency, an important component of the reserves, increased by USD 3,516 billion to USD 578,495 billion, as shown by the data published on Friday.
Expressed in terms of dollars, foreign currency assets include the effect of appreciation or depreciation of non -American units such as euro, pound and yen in currency reserves.
Gold reserves increased by USD 4,575 billion to USD 84,572 billion during the week, the RBI said.
Special Drawing Rights (SDR) increased at USD $ 212 million to USD 18,568 billion, Apex Bank said.
The reserve position of India with the IMF also increased by USD 7 million to USD 4.51 billion in the report week, according to the APEX bank data.
Posted on April 25, 2025