India’s Forex Reserves Surge: A Seven-Week Winning Streak

India’s foreign exchange reserves have reached a remarkable milestone, rising by USD 8.31 billion to hit USD 686.145 billion as of April 18, 2025. This marks the seventh consecutive week of growth, showcasing the resilience of the Indian economy amidst global financial uncertainties. The Reserve Bank of India’s strategic interventions have played a pivotal role in stabilizing the rupee and bolstering reserves, reversing the downward trend observed in 2022. With foreign currency assets leading the charge, complemented by robust gold reserves, India’s forex reserves now provide a solid buffer against external economic shocks. This achievement not only underscores India’s financial stability but also highlights its preparedness to navigate global market volatility. Dive into the details of this economic triumph and its implications for India’s financial future.