Changed the picture in two weeks? Good news for the country! After the RBI’s decision, the government’s exchequer has seen a ‘so’ huge increase

Forex Reserves of India: The global situation has deteriorated considerably due to the ongoing tension in the central countries. Its effect was also seen on the Indian currency. RBI’s decisions have been seen to have a positive effect when the rupee is in a tizzy. After almost two weeks of stagnation, there is good news about the country’s foreign exchange reserves. According to the latest weekly data released by the Reserve Bank of India on June 5, 2026, the country’s foreign exchange reserves have finally seen an improvement, reversing a sharp decline for two consecutive weeks.

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In the week ended 29 May 2026, India’s foreign exchange reserves rose by $938 million to $682.32 billion. In the ‘Monetary Policy Committee’ meeting in June 2026, Governor Sanjay Malhotra laid special emphasis on the country’s foreign exchange reserves.

How much decrease in last two weeks?

During the two-week period ended May 29, India’s foreign exchange reserves declined by $15.61 billion. In the first week, the stock fell by around $8.09 billion. Total reserves fell by another $7.51 billion in the second week to $681.38 billion, the lowest level in the last year.

Tensions in West Asia and a rise in crude oil prices boosted demand for the US dollar and pressured the Indian rupee; This decline was due to this situation. To prevent the rupee from falling to historic lows, the RBI sold its dollar reserves in the open market, leading to a sharp decline in foreign exchange reserves. Interestingly, India’s foreign exchange reserves reached an all-time high of $728.494 billion on February 27, 2026, before the outbreak of tensions in West Asia.

How many months of imports can be covered?

The country’s current foreign exchange reserves are sufficient to cover about 11 months of imports. Also, this reserve is able to service 89.1% of the country’s total foreign debt.

Increase in foreign exchange assets

‘Foreign exchange assets’, the largest component of foreign exchange reserves, saw a significant increase of $3.11 billion during this period to reach $546.15 billion.

Status of gold reserves

Due to fluctuations in international market prices, the value of the country’s gold reserves declined by $2.18 billion to $112.6 billion. An increase in foreign exchange assets offset the decline in gold reserves, resulting in a net increase of $938 million in total reserves.

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