Fri Dec 19 13:24:23 UTC 2025: Here’s a summary and a news article based on the provided text:

Summary:

The Reserve Bank of India (RBI) reported a significant increase in India’s foreign exchange reserves, which rose by $1.689 billion to reach $688.949 billion for the week ending December 12, 2025. The increase was primarily driven by gains in foreign currency assets (up $906 million) and gold reserves (up $758 million). Smaller increases were also seen in Special Drawing Rights (SDRs) and India’s reserve position with the International Monetary Fund (IMF). This follows a prior week’s increase of $1.033 billion.

News Article:

India’s Forex Reserves Surge to $688.949 Billion, RBI Reports

Mumbai, December 19, 2025 – India’s foreign exchange reserves saw a substantial boost, climbing by $1.689 billion to reach a total of $688.949 billion for the week ending December 12, 2025, according to a statement released today by the Reserve Bank of India (RBI). This follows a healthy increase reported the previous week, highlighting a continued strengthening of India’s financial position.

The primary driver of the increase was a rise in foreign currency assets, which increased by $906 million to $557.787 billion. Gold reserves also contributed significantly, rising by $758 million to $107.741 billion. Minor gains were also observed in Special Drawing Rights (SDRs), which increased by $14 million to $18.745 billion, and in India’s reserve position with the International Monetary Fund (IMF), which rose by $11 million to $4.686 billion.

The foreign currency assets, a major component of the reserves, are expressed in dollar terms and include the effects of appreciation or depreciation of non-U.S. currencies, such as the euro, pound, and yen.

This latest increase underscores India’s robust economic fundamentals and its ability to navigate global financial fluctuations. The strengthened reserves provide a significant buffer against external shocks and support the stability of the Indian Rupee.

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