RBI’s Gold Reserves Surge by Nearly ₹12,000 Crore in a Week Amid Global Price Rally

By BPN News Desk April 19, 2025

Economy National

The Reserve Bank of India (RBI) witnessed a sharp rise in the value of its gold reserves, which jumped by nearly ₹12,000 crore in just one week, driven primarily by a global surge in gold prices. According to the latest RBI weekly statistical supplement, the total value of gold held by the

Economy National

India’s Forex Reserves Rise to $654.27 Billion as of March 14

By BPN News Desk March 21, 2025

India’s foreign exchange reserves increased by $305 million to reach $654.27 billion for the week ending March 14, 2025, according to official data released by the Reserve Bank of India (RBI). This uptick marks continued momentum in the country’s efforts to maintain a strong economic buffer amid global uncertainties. Breakdown of Forex Components The overall […]

Economy National

India’s Forex Reserves Climb to $653.97 Billion in March

By BPN News Desk March 14, 2025

India’s foreign exchange (forex) reserves have seen a significant increase, rising by $15.26 billion to reach $653.97 billion as of March 7. The latest surge in reserves reflects the country’s strong external position and a stable economic outlook, reinforcing confidence in India’s financial resilience. Forex Reserves Witness Significant Growth India’s forex reserves have

Economy National

India’s Forex Reserves Drop by $1.78 Billion to $638.698B

By BPN News Desk March 8, 2025

India’s foreign exchange reserves recorded a decline of $1.781 billion, bringing the total to $638.698 billion for the week ending February 28, according to the latest data from the Reserve Bank of India (RBI). The drop was primarily attributed to reductions in foreign currency assets and gold reserves, which form key components of the country’s […]

National

India’s Forex Reserves Rise by $1.51 Billion to $658.091 Billion

By BPN News Desk December 7, 2024

India’s foreign exchange (forex) reserves recorded a rise of $1.51 billion for the week ending November 29, reaching $658.091 billion, according to data released by the Reserve Bank of India (RBI) on Friday. This marks a recovery after consecutive weeks of decline, including a significant $17.761 billion drop earlier in November. Foreign Currency Assets Lead […]

Economy National

RBI’s Gold Buying Bolsters India’s Forex Reserves

By BPN News Desk November 26, 2024

The Reserve Bank of India (RBI) has been ramping up its gold purchases, significantly boosting the country’s foreign exchange reserves. This strategic move reflects India’s efforts to enhance economic stability amid global uncertainties. Enhancing Reserve Security with Gold Amid fluctuating global market conditions, gold remains a safe-haven asset, offering stability

Finance

India’s Forex Reserves Drop by $10.7 Billion, Hit $690.43 Billion

By Editor - News Desk October 18, 2024

India’s foreign exchange (forex) reserves saw a sharp decline for the second consecutive week, dropping by USD 10.746 billion to reach USD 690.43 billion for the week ending October 11, according to data released by the Reserve Bank of India (RBI) on Friday. This marks one of the largest decreases in recent times, following a […]

Uncategorized

India’s Forex Reserves Surge to Record $704.88 Billion

By Editor - News Desk October 6, 2024

India’s foreign exchange reserves surged by a massive $12.59 billion to hit an all-time high of $704.88 billion for the week ending September 27, according to data released by the Reserve Bank of India (RBI) on Friday. This substantial jump marks one of the highest weekly rises in the country’s reserves and is the first […]