India's Forex Reserves 2025: India's forex reserves dropped by USD 9.322 billion to USD 688.871 billion for the week ended August 1 in one of the highest
declines in the recent past, the RBI data showed on Friday.
Weekly Drop in Reserves
The overall reserves rose by USD 2.703 billion to USD 698.192 billion in the previous reporting week.
Comparison with Previous Week
For the week ended August 1, foreign currency assets, a major component of the reserves, decreased by USD 7.319 billion to USD 581.607 billion, according to the data.
Decline in Foreign Currency Assets
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.
Reduction in Gold Reserves
The gold reserves decreased by USD 1.706 billion to USD 83.998 billion during the week, the RBI said.
Changes in Special Drawing Rights (SDRs)
The Special Drawing Rights (SDRs) were down by USD 237 million to USD 18.572 billion, the apex bank said.
Reserve Position with IMF
India's reserve position with the IMF was also down by USD 59 million at USD 4.694 billion in the reporting week, the apex bank data showed.
