India’s Forex Reserves Jump by Dollar 4.6 Billion, Reach 7-Month High of Dollar 690.6 Billion: RBI 516ve

19th May 2025: India’s foreign exchange reserves surged by $4.6 billion, reaching a 7-month high of $690.6 billion for the week ending May 10, according to the Reserve Bank of India (RBI).

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The increase reflects stronger foreign investment inflows and robust macroeconomic fundamentals. This marks the second consecutive weekly rise in reserves, underlining the country’s strong external position amid global economic uncertainties.

The latest data shows a steady build-up in reserves, providing a cushion against external shocks and ing the Indian rupee. Analysts suggest this uptick will enhance investor confidence and give the RBI greater flexibility in managing currency volatility.

India’s forex reserves include foreign currencies, gold reserves, Special Drawing Rights (SDRs), and the country’s reserve position in the International Monetary Fund (IMF).