Forex buffer strengthens: India’s forex reserves rise $5.17 billion to $696.65 billion; gold, FCAs drive gain
Friday, 13 June 2025 () India's foreign exchange reserves witnessed a substantial increase of $5.17 billion, reaching $696.65 billion for the week ending June 6, reversing the previous week's decline. This surge was fueled by gains in foreign currency assets and a significant rise in gold reserves. The robust reserve position is expected to bolster the RBI's efforts to stabilize the rupee amidst global volatility.
The IMF’s approval of a $1 billion loan to Pakistan sparks controversy, with India raising serious concerns. India’s government warns that the funds could be used to fuel state-backed terrorism,..
Friday, 13 June 2025 ()
![India SLAMS IMF After $1BN Released To Pakistan | Is IMF Bankrolling Pakistan's Terror War? [Video]](https://video.newsserve.net/300/v/20250510/1410367258-India-SLAMS-IMF-After-1BN-Released-To-Pakistan.jpg)
