Forex reserves rise for 5th week in a row

Foreign trade reserves stood at $ 676.3 billion as on April 4, 2025, up $10.9 billion from the earlier week. Compared to end-March 2025, the reserves rose by $ 7.9 billion, and have been increased by $ 27.7 billion on a year-on-year foundation.
The $10.9 weekly enhance befell through the week which noticed the greenback fall globally in the wake of forex market reactions to the tariff battle unleashed by President Donald Trump.
Besides the acquisition of {dollars} by RBI, foreign exchange reserves additionally rose on account of valuation beneficial properties of non-dollar property held by the RBI. Foreign forex property, the most important element, have been at $ 574.09 billion. TNN