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Jun 13, 2025
India's forex reserves surge to $696.66 billion
India's foreign exchange reserves jumped by $5.17 billion in a single week, reaching $696.66 billion as of June 6, according to the RBI. This bounce comes after a recent dip and pulls reserves back up from a recent dip. It's basically good news for India's economic stability and global standing.
TL;DR
Forex reserves are made up of various components
It's not just cash—India's forex stash is made up of foreign currency, gold, Special Drawing Rights (SDRs), and its share at the IMF. These numbers go up and down, but this latest rise is inferred to help keep the rupee strong and make India more resilient when it comes to trade or any global money shake-ups.