The Reserve Bank said that the country’s gold reserve has also increased during the week ended August 29, which has increased by $ 1.766 billion to $ 86.769 billion. The Reserve Bank also stated that during this period special drawing rights or special drawing rights have also increased by $ 4 million to $ 18.775 billion. According to RBI data, India’s reserve position in the IMF has also increased by $ 1.8 million to $ 4.749 billion in the week under review.
RBI focus on gold reserve
This report about the country’s Forex Reserve came after the report that the trend of American Treasury Bills seems to be decreasing as RBI is increasing the holding of gold to increase India’s foreign exchange reserves.
According to recent data from the US Treasury Department and RBI, the Reserve Bank is focusing on increasing the gold reserve instead of American Treasury Bills to strengthen its foreign exchange holding. By June 27, 2025, the amount of gold in foreign exchange reserves reached 879.98 MT, which increased from 840.76 MT of June 28, 2024 to 879.98 MT by June 27, 2025.
Pakistan also increased forex reserve
Pakistan’s foreign exchange reserves have also increased in the week ended on August 29, 2025. According to data released by State Bank of Pakistan (SBP), Pakistan’s Forex Reserve rose to $ 19.65 billion by 29 August 2025 with a slight gain of $ 41.7 million or 0.21 %. The rise in the country’s foreign exchange reserves came due to SBP’s growth in its foreign exchange reserves, which increased by $ 28.2 million during the week and with this the State Bank of Pakistan reserves increased to $ 14.3 billion.
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