India's FX reserves as on Aug 29 at $694.23 bln, up $3.51 bln on week
This story was originally published at 17:49 IST on 5 September 2025
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--RBI: India Aug 29 FX reserves $694.23 bln, up $3.51 bln on week
--RBI: India Aug 29 FX assets $583.94 bln, up $1.69 bln on week
MUMBAI – India's foreign exchange reserves rose $3.51 billion to $694.23 billion in the week ended Aug. 29, data released by the Reserve Bank of India Friday showed. Foreign currency assets as on Aug. 29 stood at $583.94 billion, up $1.69 billion from the week earlier. Value of the central bank's gold holdings rose to $86.77 billion, up $1.77 billion from the previous week.
The central bank's foreign exchange reserves, calculated in dollar terms, also reflect the impact of appreciation or depreciation of currencies other than the dollar, such as the euro, pound sterling, and yen, held by the RBI. In the week ended Aug. 29, the dollar index, which measures the strength of the dollar against a basket of six major currencies, rose marginally by 0.1%. End
US$1 = INR 88.26
Reported by Gowri Lakshmi
Edited by Ashish Shirke
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