Overview
- RBI data show total reserves rose $3.825 billion to $700.946 billion in the week ended April 10.
- Foreign currency assets, the largest component, increased $3.127 billion to $555.983 billion.
- The move followed a $9.063 billion jump in the prior week that lifted the total to $697.121 billion.
- The value of gold holdings rose $601 million to $121.343 billion, while SDRs added $56 million and the IMF reserve position gained $41 million.
- The stockpile is still below the late-February record of $728.494 billion after weeks of declines linked to rupee pressure and RBI dollar sales during the Middle East flare-up.