India’s forex buffer strengthens as weekly reserves climb, gold holdings surge

India’s foreign exchange reserves increased by $1.03 billion during the latest reported week, reflecting steady balance sheet management by the Reserve Bank of India. Gold reserves rose sharply, nearing $107 billion, supported by higher global prices and valuation gains. The overall reserves position continues to provide a strong cushion against external volatility, currency pressure, and global financial uncertainty, even as trade and capital flow risks remain elevated.