India’s foreign exchange reserves have increased a major increase, Pakistan’s treasury declined – Cross Talk India
India The treasury has increased. India’s foreign exchange reserves rose $ 8.31 billion to $ 686.15 billion in the week ended April 18, 2025. This information has been received from the data released by the Reserve Bank of India on Friday. Earlier, India’s foreign exchange reserves rose $ 1.5 billion to $ 677.84 billion in the week ended April 11, 2025. The central bank said in its weekly statistical report that a major component of India’s reserves increased by $ 3.5 billion to $ 578.5 billion.
Gold reserves also increase
Meanwhile, the gold reserves rose $ 4.57 billion to $ 84.57 billion. In addition, special drawing rights (SDR) increased by $ 2.12 billion to $ 18.56 billion. India’s reserve position with the International Monetary Fund (IMF) has increased by $ 7 million to $ 4.5 billion.
Data is released every Friday
The central bank releases data for India’s foreign exchange reserves every Friday. The RBI intervenes in the market through liquidity management, including sales of dollars with a view to prevent a sharp fall in the rupee from time to time. The RBI closely monitors foreign exchange markets and interfere only to maintain systematic market conditions by controlling excessive instability in exchange rate without a pre-determined target level or reference to the band.
Pakistan’s treasury declines
On the other hand, Pakistan’s treasury has declined. Pakistan’s foreign exchange reserves have fallen by $ 226 million. Pakistan’s total liquid Forex reserve declined to $ 15.43 billion in the week ended on 18 April 2025. It was at $ 15.66 billion in the week ended April 11. In this, the reserve of State Bank of Pakistan has fallen by 367 million to $ 10.206 billion.
Latest business news