Forex Kitty Gains $10.87 Bn To $676 Bn

Mumbai: India’s forex reserves jumped $10.872 billion to $676.268 billion during the week ended April 4, the Reserve Bank of India (RBI) said on Friday.

The overall kitty had jumped $6.596 billion to $665.396 billion in the previous reporting week.

This is the fifth consecutive week of an increase in the kitty, which had seen some decline recently due to revaluation, along with forex market interventions by the RBI, to help reduce volatilities in the rupee.

The forex reserves had touched an all-time high of $704.885 billion in end-September 2024.