India's forex reserves drop below $700 bn

Fri, 10 October 2025

21:15

India's forex reserves fell by $276 million to $699.96 billion during the week ended October 3, according to RBI data.

In the previous reporting week, India's forex reserves had dropped by $2.334 billion to $700.236 billion.

For the week ended October 3, foreign currency assets, a major component of the reserves, decreased by $4.049 billion to $577.708 billion, the data released on Friday 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.

Value of the gold reserves increased by $3.753 billion to $98.77 billion during the week, the RBI said.

The Special Drawing Rights were up by $25 million to $18.814 billion, the central bank said. -- PTI

TOP STORIES

NDA Tsunami Sweeps Away Mahagathbandhan In Bihar

The National Democratic Alliance was set to sweep the Bihar assembly polls, surging ahead in over 200 of 243 seats on Friday with the Bharatiya Janata Party emerging as single largest party with about 90 per cent strike rate, reaffirming...

4 killed in J-K police station blast linked to Haryana seizure

An accidental blast occurred at the Nowgam police station while personnel were handling explosive material seized in connection with a terror module case, injuring several officers.

'Women Forgot Their Problems After They Got 10,000'

'Women from all castes and religions voted for Nitish Kumar as it was his last election.'

Battle for Bihar 2025: THE VERDICT

The ruling National Democratic Alliance decimated the Mahagathbandhan in Bihar on Friday to retain power and dealing a body blow to the Congress and ally Rashtriya Janata Dal.

'An Abnormal, Unnatural, Result'

'This calls for a very serious investigation, investigation and introspection both.''Wherever we went wrong needs proper introspection; but the results also need investigation.'