New Delhi, May 18 -- India's central bank, the Reserve Bank of India (RBI), data released on Friday, 16 May, showed that the nation's total foreign exchange (forex) reserves surged to reach a seven-month high of $690.61 billion as of 9 May, 2025.

The country's forex reserves witnessed a $4.6 billion hike when compared to the data released for the week ended 2 May, 2025. The total forex reserves were at $686 billion, according to the previous RBI data release.

The central bank data also showed that India's foreign currency assets witnessed a marginal growth, currently at $581.37 billion, compared to the previous level of $581.17 billion levels.

The foreign exchange reserves in the RBI report are stated in US dollars; the foreign currenc...