India’s Forex Reserves: There has been a tremendous increase in the country’s currency reserves. During the week ended on 6 June 2025, the foreign currency reserves i.e. Forex Reserve have witnessed a tremendous jump of $ 5.17 billion and it has reached $ 696.65 billion. However, during the week ended on May 30, a week ago, the foreign exchange reserves saw a decrease of $ 1.24 billion and it had come down to $ 691.485. Foreign exchange reserves were at a record high with $ 704.885 billion during the week ended on 27 September 2024.
Increased gold reserve
According to RBI, during the week ended June 6, there has been a great increase of 1.583 billion in the gold reserve ie gold reserves. After this, the stock of gold was $ 85.888 billion. Whereas, during the week ended May 30, the Gold Reserve increased by $ 723 million.
According to the latest data released by the Central Reserve Bank, the Forex Asset has increased by $ 3.47 billion to $ 587.68 billion during the week ended June 6. These include non -American currencies like pounds, euros, yans.
Along with this, the foreign currency asset i.e. foreign exchange assets have increased by $ 3.47 billion in the last week ended June 6. After this increase, FCA has now increased to $ 587.68 billion. The highest part of FCA is in foreign exchange reserves.
Significantly, such an increase is a positive sign for any country. These reserves are also an important measure of measuring the economic strength of a country, which helps to keep foreign debt repayment, import expenses and currency stability.
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