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Reading: India’s Forex Reserves Drop to $699.96 Billion, Challenges Loom Ahead
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RBI data: India forex reserves fall to USD 699.96 billion
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > India’s Forex Reserves Drop to $699.96 Billion, Challenges Loom Ahead
Economy

India’s Forex Reserves Drop to $699.96 Billion, Challenges Loom Ahead

October 11, 2025 1 Min Read
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India’s foreign exchange reserves decreased by USD 276 million to USD 699.96 billion for the week ending October 3, according to data released by the Reserve Bank of India (RBI). In the preceding week, reserves had seen a more significant decline of USD 2.334 billion, falling to USD 700.236 billion.

During the week ended October 3, foreign currency assets, which comprise a significant part of the reserves, dropped by USD 4.049 billion to USD 577.708 billion. These assets, expressed in dollar terms, reflect fluctuations due to the appreciation or depreciation of currencies such as the euro, pound, and yen included in India’s foreign exchange reserves.

Additionally, the value of gold reserves rose by USD 3.753 billion to reach USD 98.77 billion for the week, as reported by the RBI. The Special Drawing Rights (SDRs) also saw an increase of USD 25 million, reaching USD 18.814 billion. Meanwhile, India’s reserve position with the International Monetary Fund (IMF) fell by USD 4 million to USD 4.6669 billion for the reporting week.

This data provides a comprehensive overview of India’s foreign exchange reserves, illustrating both fluctuations in foreign currency assets and increases in gold reserves as of early October 2025.

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