
Indian Forex Reserves Post Revaluation Gain
August 16, 2025
August 16, 2025 – India's foreign exchange reserves climbed by $4.7 billion, reaching approximately $693.6 billion for the week ending August 8, driven largely by revaluation gains from a weaker U.S. dollar and rising gold prices. Notably, economists estimate the increase at closer to $9.8 billion, despite the Reserve Bank of India's interventions—including $5 billion in FX swaps and spot + NDF market activity. The RBI maintains that the country's foreign currency assets remain sufficient to cover approximately 11 months of import payments.