India's forex reserves reach $654.27 billion

India's foreign exchange reserves increased to $654.27 billion as of March 14, 2025. This marks a rise of $300 million from the previous week. The Reserve Bank of India (RBI) keeps a close eye on these reserves to ensure stability in the forex market. In the week before, India's reserves were $653.97 billion, following a larger increase of $15.26 billion. The RBI publishes these figures every Friday, as they are an important indicator of the country's foreign trade health. The RBI manages liquidity in the market and intervenes when necessary. This includes selling dollars to help prevent the Indian rupee from sharply depreciating. Their goal is to maintain order in the foreign exchange market by minimizing fluctuations without aiming for a specific exchange rate.