{"id":12271,"date":"2025-09-12T15:46:56","date_gmt":"2025-09-12T15:46:56","guid":{"rendered":"http:\/\/tezgyan.com\/index.php\/2025\/09\/12\/indias-forex-kitty-jumps-over-4-billion-to-698-27-billion-gold-reserves-surge-3-53-economy-news\/"},"modified":"2025-09-12T15:46:56","modified_gmt":"2025-09-12T15:46:56","slug":"indias-forex-kitty-jumps-over-4-billion-to-698-27-billion-gold-reserves-surge-3-53-economy-news","status":"publish","type":"post","link":"https:\/\/tezgyan.com\/index.php\/2025\/09\/12\/indias-forex-kitty-jumps-over-4-billion-to-698-27-billion-gold-reserves-surge-3-53-economy-news\/","title":{"rendered":"India&#8217;s Forex Kitty Jumps Over $4 Billion To $698.27 Billion, Gold Reserves Surge $3.53 | Economy News"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div id=\"story-9568159\">\n<p><span class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">Last Updated:<\/span><time class=\"jsx-395e0e0beb19cb6e jsx-4143937483\">September 12, 2025, 17:41 IST<\/time><\/p>\n<h2 id=\"asubttl-9568159\" class=\"jsx-c9f81425ec968c48 jsx-1652292113 asubttl-schema\">India&#8217;s gold reserves increase by $3.53 billion to $90.299 billion during the week ended September 5, according to the RBI data.<\/h2>\n<div class=\"jsx-7dd6bcc4782610a2 artsharwrp\">\n<div id=\"artshare\" class=\"jsx-7dd6bcc4782610a2 artshare\">\n<div class=\"jsx-7dd6bcc4782610a2 stickdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 deskwrapstkdiv\">\n<div class=\"jsx-7dd6bcc4782610a2 fontchange\"><img decoding=\"async\" src=\"https:\/\/images.news18.com\/dlxczavtqcctuei\/news18\/static\/images\/english\/font.svg\" height=\"30px\" width=\"30px\" alt=\"font\" title=\"font\" class=\"jsx-7dd6bcc4782610a2 lazyload\"\/><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<figure class=\"jsx-c9f81425ec968c48 jsx-1652292113 amimg\"><img decoding=\"async\" alt=\"With this, the country's forex kitty is hovering close to its all-time high of $704.89 billion touched in September 2024.\" title=\"With this, the country's forex kitty is hovering close to its all-time high of $704.89 billion touched in September 2024.\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2021\/07\/1627283897_news18_logo-1200x800.jpg?impolicy=website&amp;width=400&amp;height=225\" loading=\"eager\" fetchpriority=\"high\" class=\"jsx-c9f81425ec968c48 jsx-1652292113\"\/><\/p>\n<p>With this, the country&#8217;s forex kitty is hovering close to its all-time high of $704.89 billion touched in September 2024.<\/p>\n<\/figure>\n<p id=\"0\" class=\"story_para_0\">Rising for the second consecutive week, India\u2019s foreign exchange (forex) reserves jumped $4.038 billion to $698.268 billion during the week ended September 5, the RBI data said on Friday. The surge comes on the back of a significant rise in the value of gold reserves, which increased by $3.53 billion to $90.299 billion.<\/p>\n<p id=\"1\" class=\"story_para_1\">With this, the country\u2019s forex kitty is hovering close to its all-time high of $704.89 billion touched in September 2024.<\/p>\n<p id=\"2\" class=\"story_para_2\">In the previous reporting week, the overall reserves had jumped by $3.51 billion to $694.23 billion.<\/p>\n<p id=\"3\" class=\"story_para_3\"><strong>Forex Update: India\u2019s Foreign Currency Assets<\/strong><\/p>\n<p id=\"4\" class=\"story_para_4\">For the week ended September 5, foreign currency assets, a major component of the reserves, increased by $540 million to $584.477 billion, the latest RBI data showed. Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.<\/p>\n<p id=\"5\" class=\"story_para_5\"><strong>Forex Update: India\u2019s Gold Reserves<\/strong><\/p>\n<p id=\"6\" class=\"story_para_6\">The gold reserves increased by $3.53 billion to $90.299 billion during the week, according to the RBI data.<\/p>\n<p id=\"7\" class=\"story_para_7\"><strong>Forex Update: India\u2019s SDR &amp; Reserve Position With IMF<\/strong><\/p>\n<p id=\"8\" class=\"story_para_8\">The special drawing rights (SDRs) were down by $34 million to $18.742 billion. India\u2019s reserve position with the IMF was up by $2 million at $4.751 billion in the reporting week, the Reserve Bank data showed.<\/p>\n<p id=\"9\" class=\"story_para_9\"><strong>RBI Increasing Gold Reserves, Decreasing US T-Bills<\/strong><\/p>\n<p id=\"10\" class=\"story_para_10\">The Reserve Bank of India (RBI) is increasingly leaning on gold rather than US Treasury bills (USTs) to bolster its foreign exchange reserves, data from the US Department of the Treasury and the Reserve Bank of India (RBI) showed, according to the Economic Times recently.<\/p>\n<p id=\"11\" class=\"story_para_11\">India\u2019s investments in US T-bills dropped to $227 billion in June 2025, from $242 billion a year earlier, while its gold holdings rose during the same period. Despite the reduction, New Delhi remains among the top 20 investors in US T-bills, ahead of Saudi Arabia and Germany.<\/p>\n<p id=\"12\" class=\"story_para_12\">After the last monetary policy review meeting, RBI Governor Sanjay Malhotra said the foreign exchange kitty was sufficient to meet 11 months of the country\u2019s imports.<\/p>\n<p id=\"13\" class=\"story_para_13\">In 2023, India added around $58 billion to its foreign exchange reserves, contrasting with a cumulative decline of $71 billion in 2022.<\/p>\n<p id=\"14\" class=\"story_para_14\">In 2024, the reserves rose by a little over $20 billion. So far in 2025, the forex kitty has cumulatively increased by about $53 billion, according to data.<\/p>\n<p id=\"15\" class=\"story_para_15\">Foreign exchange reserves, or FX reserves, are assets held by a nation\u2019s central bank or monetary authority, primarily in reserve currencies such as the US Dollar, with smaller portions in the Euro, Japanese Yen, and Pound Sterling.<\/p>\n<p id=\"16\" class=\"story_para_16\">The RBI often intervenes by managing liquidity, including selling dollars, to prevent steep depreciation of the rupee. The RBI strategically buys dollars when the Rupee is strong and sells when it weakens.<\/p>\n<p id=\"17\" class=\"story_para_17\"><strong><em>(With PTI Inputs)<\/em><\/strong><\/p>\n<div class=\"jsx-95088aad1b3c53cd atawrap\">\n<div class=\"jsx-95088aad1b3c53cd atadetailwrp\">\n<div class=\"jsx-95088aad1b3c53cd ataname\"><span class=\"jsx-95088aad1b3c53cd atthumb\"><\/p>\n<figure class=\"jsx-95088aad1b3c53cd\"><img decoding=\"async\" alt=\"Mohammad Haris\" title=\"Mohammad Haris\" src=\"https:\/\/images.news18.com\/ibnlive\/uploads\/2025\/07\/WhatsApp-Image-2025-07-08-at-16.46.30-2025-07-4288ce65f2e878c717819ce8b60fc7c8.jpeg?impolicy=website&amp;width=60&amp;height=60\" class=\"jsx-95088aad1b3c53cd\"\/><\/figure>\n<p><\/span><\/p>\n<div class=\"jsx-95088aad1b3c53cd attitle\"><a href=\"https:\/\/www.news18.com\/byline\/mohammad-haris-21410.html\" class=\"jsx-95088aad1b3c53cd atamail\">Mohammad Haris<\/a><\/p>\n<p>Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h&#8230;<span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<p>Haris is Deputy News Editor (Business) at news18.com. He writes on various issues related to personal finance, markets, economy and companies. Having over a decade of experience in financial journalism, Haris h&#8230;<!-- --> <span class=\"jsx-95088aad1b3c53cd aurpdebtn\">Read More<\/span><\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-1652292113 atbtlink fp\"><span>First Published:<\/span><\/p>\n<div class=\"rs\">\n<p>September 12, 2025, 17:41 IST<\/p>\n<\/div>\n<\/div>\n<div class=\"jsx-c9f81425ec968c48 jsx-1652292113 brdcrmb\"><a href=\"https:\/\/www.news18.com\/\">News<\/a>  <a href=\"https:\/\/www.news18.com\/business\/\">business<\/a>  <a href=\"https:\/\/www.news18.com\/business\/economy\/\">economy<\/a>  <span class=\"brdout\"> India&#8217;s Forex Kitty Jumps Over $4 Billion To $698.27 Billion, Gold Reserves Surge $3.53<\/span><\/div>\n<div id=\"coral-wrap\" class=\"jsx-ba4d8f086a12294f \">\n<div class=\"jsx-ba4d8f086a12294f coral-cont\">\n<div class=\"jsx-ba4d8f086a12294f coltoptxt\">Disclaimer: Comments reflect users\u2019 views, not News18\u2019s. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our <a href=\"https:\/\/www.news18.com\/disclaimer\/\" class=\"jsx-ba4d8f086a12294f\">Terms of Use<\/a> and <a href=\"https:\/\/www.news18.com\/privacy_policy\/\" class=\"jsx-ba4d8f086a12294f\">Privacy Policy<\/a>.<\/div>\n<\/div>\n<\/div>\n<p><span class=\"jsx-c9f81425ec968c48 jsx-1652292113 rmbtn news18_read_more\">Read More<\/span><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.news18.com\/business\/economy\/indias-forex-kitty-jumps-over-4-billion-to-698-27-billion-gold-reserves-surge-3-53-ws-l-9568159.html\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Last Updated:September 12, 2025, 17:41 IST India&#8217;s gold reserves increase by $3.53 billion to $90.299 billion during the week ended September 5, according to the RBI data. With this, the country&#8217;s forex kitty is hovering close to its all-time high of $704.89 billion touched in September 2024. Rising for the second consecutive week, India\u2019s foreign&#8230;<\/p>\n","protected":false},"author":1,"featured_media":10769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[45],"tags":[],"class_list":["post-12271","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/12271","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/comments?post=12271"}],"version-history":[{"count":0,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/posts\/12271\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media\/10769"}],"wp:attachment":[{"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/media?parent=12271"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/categories?post=12271"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tezgyan.com\/index.php\/wp-json\/wp\/v2\/tags?post=12271"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}