India's Forex Reserves Surge to $696.61 Billion, Gold Holdings Also Rise
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News18•23-01-2026, 19:43
India's Forex Reserves Surge to $696.61 Billion, Gold Holdings Also Rise
- •India's foreign exchange reserves have reached $696.61 billion, showing continuous growth.
- •In the week ending January 9, 2025, forex reserves increased by $392 million to $687.19 billion.
- •Foreign Currency Assets (FCA) rose by $1.124 billion to $550.866 billion in the same week.
- •Gold reserves saw a significant increase of $1.568 billion, reaching $112.83 billion.
- •Forex reserves are crucial for economic stability, rupee value, import payments, and investor confidence.
Why It Matters: India's foreign exchange and gold reserves are steadily increasing, bolstering economic stability and credibility.
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