Forex Reserves Reach New Heights

Foreign exchange reserves have marked a significant uptick, reaching $676.3 billion as of April 4, 2025. This represents a $10.9 billion increase from the previous week, showcasing a robust growth amidst fluctuating global currency markets.

Global Market Reactions

The weekly surge coincides with a global decline in the dollar value, triggered by currency market reactions to the tariff war initiated by President Donald Trump. This scenario has underscored the dynamic interplay between geopolitical events and forex reserves.

Components of Growth

Aside from the Reserve Bank of India's active purchase of dollars, the reserves have also benefited from valuation gains of non-dollar assets. Foreign currency assets, which form the bulk of the reserves, stood at an impressive $574.09 billion.

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