India Forex Reserves: The country’s foreign exchange reserves declined by $4.47 billion to $688.10 billion in the week ending November 21. The currency reserves have decreased mainly due to the huge fall in the value of gold reserves. The Reserve Bank of India gave this information on Friday.
Decrease in foreign exchange reserves
Due to this, in the last week the foreign exchange reserves had increased by 5.54 billion dollars to 692.58 billion dollars. According to data released on Friday, foreign currency assets, a major component of foreign exchange reserves, declined by $ 1.69 billion to $ 560.6 billion in the week ending November 21. Expressed in dollar terms, foreign currency assets include the effect of appreciation or depreciation of non-US currencies such as the euro, pound and yen held in foreign exchange reserves.
RBI said that during the week the value of gold reserves decreased by $ 2.67 billion to $ 104.18 billion. Special Drawing Rights (SDR) also declined by $84 million to $18.57 billion. According to the data, India’s reserves in the International Monetary Fund (IMF) decreased by $ 23 million to $ 4.76 billion in the week under review.
The value of gold reserves decreased
According to the data, there has been pressure in the gold reserves this week. On November 21, the gold reserve had reached the figure of $104.18 billion, which shows a decline compared to the gold reserve of $106.85 billion on November 14. The main reason for which is said to be the decline in gold prices in the international market.
However, on an annual basis, the value of gold still remains high and is strengthening the total reserves of the country. Also, Foreign Currency Assets (FCA) appeared to be under pressure compared to last week. On November 21, 2025, it has come down to a figure of $ 560.60 billion.
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