Priyanka
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India’s foreign exchange reserves increased by $6.60 billion, reaching $665.40 billion for the week ending March 28, 2025, according to data released by the Reserve Bank of India (RBI). This marks the fourth consecutive week of gains after previous fluctuations caused by currency revaluation and RBI’s market interventions.
In the previous week, the reserves had risen by $4.53 billion to $658.8 billion.
Breakdown of India's Reserve Components
Foreign currency assets (FCA), a major component, grew by $6.16 billion to $565.01 billion. FCA includes the effects of exchange rate fluctuations involving currencies like the euro, pound, and yen.
Gold reserves rose by $519 million to $77.79 billion.
Special Drawing Rights (SDRs) with the IMF fell by $65 million to $18.18 billion.
India’s reserve position in the IMF declined by $16 million, now at $4.41 billion.
India’s foreign exchange reserves had previously hit an all-time high of $704.89 billion in September 2024.
Pakistan's Foreign Exchange Reserves Also Grow
Meanwhile, Pakistan also witnessed an increase in its reserves:
The State Bank of Pakistan’s reserves rose by $70 million, reaching $10.68 billion.
Commercial banks’ net reserves increased to $4.90 billion.
This brings Pakistan’s total liquid foreign exchange reserves to $15.58 billion.
