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Currency Markets

India’s gold reserves rise by $664 million, while forex reserves fall to $709.76 billion as RBI intervenes to stabilise the rupee.

The Indian rupee slipped to a record low beyond 92 per US dollar as rising oil prices and global tensions increased pressure on the currency.

India’s forex reserves rose to $686.14 billion, the highest since November 2024, showcasing the economy’s resilience.

India’s forex reserves rose by $4.5 billion to $658.8 billion in the week ending 28 March, hitting a four-month high, RBI data showed.