India's foreign exchange reserves increased!
The country's foreign exchange reserves have again jumped. As of april 4, 2025, India's foreign exchange reserves have reached $ 676.3 billion, which is $ 10.9 billion more than last week. The foreign exchange reserves increased by $ 7.9 billion as compared to the end of march 2025.
Forex reserves increased amid tariff war
This increase of $ 10.9 in a week came at a time when the dollar has fallen sharply globally in view of the currency market's reactions to the tariffs imposed by US President Donald Trump. Yesterday it reached a three-year low against the euro. Along with the purchase of dollars, the country's forex reserves have also increased due to the increase in the valuation of non-dollar assets held by the RBI.
Foreign currency assets also increased
Foreign currency assets are the biggest part of India's foreign exchange reserves. According to Reserve bank data, FCA increased by $9.1 billion to $574.09 billion in the week ending april 4. This includes the effect of fluctuations in the value of other foreign currencies like Euro, Pound and Yen kept in the foreign exchange reserves.
India's gold reserve also increased
According to the information given by RBI, the country's gold reserve also increased by $1.567 million to $79.36 billion during the week. Special Drawing Rights (SDR) increased by $186 million to $18.362 billion. The country's reserve foreign exchange reserve in the international Monetary Fund (IMF) increased by $46 million to $4.46 billion. Pakistan's foreign exchange reserves also increased
Amid the turmoil caused by Trump's tariff war in the world, Pakistan's foreign exchange reserves have also increased. The foreign exchange reserves of the state bank of pakistan (SBP) have increased by 23 million US dollars. With this, Pakistan's foreign exchange reserves have reached 15.75 billion dollars.
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