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After the stock market, the shock was also reported here, the foreign exchange reserves reduced by 25 thousand crores
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After the stock market, the shock was also reported here, the foreign exchange reserves reduced by 25 thousand crores

shehnazBy shehnazJuly 11, 2025Updated:July 11, 2025No Comments2 Mins Read
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After the stock market, the shock was also reported here, the foreign exchange reserves reduced by 25 thousand crores
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Foreign exchange reserves

In the Indian stock market, investors had to suffer strong losses today. On Friday, July 11, 2025, investors have lost more than Rs 3.5 lakh crore in a single day. On the other hand, the news of a decline in the country's foreign exchange reserves on the other hand also came down to $ 699.74 billion i.e. $ 699.74 billion i.e. 58 lakh crores in the week ended on July 4. The Reserve Bank of India (RBI) gave this information on Friday. In the earlier week, the reserves had increased by $ 4.85 billion to $ 702.78 billion. In the end of September 2024, this reserves reached the highest level of $ 704.88 billion so far.

According to the latest RBI data, forex assets, which are important part of the reserves, fell to $ 3.54 billion to $ 591.29 billion in the week ended July 4. Forex assets include the effect of fluctuations in the value of non-American currencies like euros, pounds and yen.

Gold reserve increased

However, during this period the value of gold reserves increased by $ 34.2 million to $ 84.85 billion. Special drawing rights (SDR) also rose $ 3.9 million to $ 18.87 billion. Apart from this, India's reserve in the International Monetary Fund (IMF) increased by $ 10.7 million to $ 4.74 billion.

This decline reflects changes in the Indian economy and global markets. Foreign exchange reserves are an important indicator of the economic strength of a country, which helps in imports and repaying debt. RBI continuously monitor these stores and intervenes in the market when needed so that the stability of the rupee remains.

The news is being updated…

Source: www.tv9hindi.com

: Language Inputs

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shehnaz

Shehnaz is a Corporate Communications Expert by profession and writer by Passion. She has experience of many years in the same. Her educational background in Mass communication has given her a broad base from which to approach many topics. She enjoys writing about Public relations, Corporate communications, travel, entrepreneurship, insurance, and finance among others.

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