India’s forex reserves drop $10.28 bn to $688.05 bn in week ended March 27 | Economy & Policy News

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The worth of gold reserves decreased by $3.666 billion to $113.521 billion throughout the week, the RBI mentioned


India’s forex reserves dropped by $10.28 billion to $688.05 billion throughout the week ended March 27, the RBI mentioned on Friday.

 


In the earlier reporting week, total forex reserves had dropped $11.413 billion to $698.346 billion.

 


India’s overseas change reserve had expanded to an all-time excessive of $728.494 billion throughout the week ended February 27 this yr, earlier than the onset of the West Asia battle.

 


For the week ended March 27, overseas foreign money belongings, a significant element of the reserves, decreased by $6.622 billion to $551.072 billion, the central financial institution’s knowledge confirmed.

 


Expressed in greenback phrases, the overseas foreign money belongings embrace results of appreciation or depreciation of non-US models, such because the euro, pound, and yen, held in the overseas change reserves.

 
 


The worth of gold reserves decreased by $3.666 billion to $113.521 billion throughout the week, the RBI mentioned.

 


The Special Drawing Rights (SDRs) have been up $17 million to $18.649 billion, the apex financial institution mentioned.

 


India’s reserve place with the IMF was up by $17 million to $4.816 billion in the reporting week, in accordance to the apex financial institution’s knowledge.

First Published: Apr 03 2026 | 5:12 PM IST

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