India’s foreign exchange reserves are continuously decreasing. The Reserve Bank of India (RBI) on Friday said that India’s foreign exchange reserves declined by $ 2.7 billion to $ 687.73 billion in the week ending November 7, 2025. This is the third consecutive week that the country’s foreign exchange reserves have declined. A week ago, the country’s foreign exchange reserves had declined by $5.6 billion to $689.73 billion.
Decline in foreign currency assets also
According to RBI data, foreign currency assets also declined significantly during the week ended November 7. It decreased by $2.45 billion to $562.13 billion. Foreign currency assets (FCA) are an important component of a country’s foreign exchange reserves. Foreign exchange reserves expressed in dollars include the effect of fluctuations in non-US currencies such as the euro, pound and yen.
Gold reserves also declined
Gold reserves have also declined. According to the Reserve Bank, the value of the country’s gold reserves has now declined to $101.53 billion, down by $1.95 billion during the week ended November 7. It is noteworthy that when global gold prices increased in October, gold reserves had reached a record $100 billion, but since then it has declined. RBI said that during this period, Special Drawing Rights (SDR) decreased by $ 51 million to $ 18.59 billion.
What is the situation of Pakistan?
Pakistan’s foreign exchange reserves have also increased. State Bank of Pakistan (SBP) reached a four-year high this week. During the week ending November 7, it recorded an increase of $22 million, taking total reserves to $14.524 billion. This figure has now crossed SBP’s previous highest level of $14.506 billion.
Pakistan’s foreign exchange reserves have improved, but remain below FY2021 highs. Pakistan is also expected to get $1.2 billion from the International Monetary Fund (IMF) next month. This is likely to further increase its foreign exchange reserves.
