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India’s forex reserves fall by $3.05 bn to $699.74 bn; Gold reserves rise by $342 mn

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India’s forex reserves fall by $3.05 bn to $699.74 bn; Gold reserves rise by $342 mn

Forex Reserves Dip: India’s Cushion Shrinks by $3 Billion

India’s foreign exchange reserves (forex) experienced a decline of USD 3.049 billion during the week ending July 4, 2025. This brings the total down to USD 699.736 billion, according to data released by the Reserve Bank of India.

The decrease comes amidst a backdrop of global economic uncertainty and fluctuating international trade. The RBI’s statement offered no further details on the specific factors contributing to the drop.

Experts are closely monitoring the situation, particularly given the ongoing global economic headwinds. The impact of this reserve reduction on the Indian Rupee and overall economic stability remains a key concern.

This development underscores the need for continued fiscal prudence and proactive measures to bolster India’s economic resilience in the face of volatile global markets. The coming weeks will be crucial in observing the trend and its potential implications for domestic economic policies.

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Karanveer Sharma

A dedicated journalist and legal expert with a passion for uncovering the truth and advocating for justice. With hands-on experience in investigative journalism, legal research, and case analysis, I possess a strong ability to break down complex legal and societal issues into clear, impactful narratives. My work is driven by a commitment to transparency, integrity, and empowering people with accurate, insightful information.

https://karansharma.tech

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