India’s Forex Reserves Climb by $4.7 Billion to strike $702.97 bn, Marking 3rd Straight Weekly Rise

Upgraded 21 September 2025 at 16:36 IST

India’s forex reserves increased by USD 4.698 billion in the week that ended September 12 to US$ 702.966 billion, marking the 3rd successive weekly boost, the Reserve Bank of India (RBI) stated in its most current ‘Weekly Statistical Supplement.

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Representational Image|Image: ANI

India’s forex reserves increased by USD 4.698 billion in the week that ended September 12 to USD 702.966 billion, marking the 3rd successive weekly boost, the Reserve Bank of India (RBI )stated in its most current ‘Weekly Statistical Supplement.’ The forex reserves touched the most-awaited USD 700 billion mark today.

For the reported week, India’s foreign currency possessions(FCA), the biggest part of forex reserves, stood at USD 587.014 billion, increasing by USD 2.537 billion. The RBI information revealed that the gold reserves presently total up to USD 92.419 billion, experiencing a dive of USD 2.12 billion.

After the most recent financial policy evaluation conference, RBI Governor Sanjay Malhotra stated the forex cat sufficed to fulfill 11 months of the nation’s imports. In 2023, India included around USD 58 billion to its forex reserves, contrasting with a cumulative decrease of USD 71 billion in 2022.

In 2024, the reserves increased by a little over USD 20 billion. Far in 2025, the forex cat has actually cumulatively increased by about USD 53 billion, according to information. Forex reserves, or FX reserves, are possessions held by a country’s reserve bank or financial authority, mostly in reserve currencies such as the United States Dollar, with smaller sized parts in the Euro, Japanese Yen, and Pound Sterling.

The RBI typically steps in by handling liquidity, consisting of offering dollars, to avoid high devaluation of the rupee. The RBI tactically purchases dollars when the Rupee is strong and offers when it deteriorates. (ANI)