New Delhi, April 4 -- India's foreign exchange reserves climbed by $6.6 billion, reaching a five-month peak of $665.4 billion for the week ending March 28, 2025, according to data released by the Reserve Bank of India (RBI) on Friday.
The recent uptrend reverses the earlier decline caused by revaluation and the RBI's interventions in the forex market to curb rupee volatility.
With the latest increase, the rupee has gained further stability.
In contrast, dwindling reserves limit the RBI's ability to stabilise the currency.
This suggests a strengthening external sector despite global economic uncertainty driven by geopolitical tensions.
Merchandise exports grew by 1.3 per cent to $36.91 billion in February, up from $36.43 billion in Ja...
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