India’s forex buffer strengthens as weekly reserves climb, gold holdings surge

India’s foreign exchange reserves rose $1.03 billion in a week, with gold holdings nearing $107 billion, reinforcing the RBI’s external stability buffer amid global volatility and currency pressures.

Live Market Updates

Latest Financial News

positive
3 days ago

India’s forex buffer strengthens as weekly reserves climb, gold holdings surge

India’s forex buffer strengthens as weekly reserves climb, gold holdings surge
India’s foreign exchange reserves increased by $1.03 billion during the latest reported week, reflecting steady balance sheet management by the Reserve Bank of India. Gold reserves rose sharply, nearing $107 billion, supported by higher global prices and valuation gains. The overall reserves position continues to provide a strong cushion against external volatility, currency pressure, and global financial uncertainty, even as trade and capital flow risks remain elevated.
Tags:
  • economy
  • forex reserves