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India's foreign exchange reserves rise to $688.13 billion, marking eight weeks of growth.
India's foreign exchange reserves hit $688.13 billion as of April 25, marking the eighth consecutive week of growth.
The increase, driven by a $2.17 billion rise in foreign currency assets, counters a previous decline and strengthens the Reserve Bank of India's ability to stabilize the rupee.
Despite a $207 million drop in gold reserves, the overall robust forex position reflects strong economic fundamentals and resilience in India's external sector, with exports reaching a record $824.9 billion in the fiscal year 2024-25.
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Las reservas de divisas extranjeras de la India suben a $688.13 mil millones, marcando ocho semanas de crecimiento.