India's forex reserves increased by $5.5 billion to $629.55 billion as of January 24, 2025, after a decline of $1.8 billion the previous week. The Reserve Bank of India continues to manage liquidity and prevent sharp rupee depreciation by intervening in the market as necessary.

India's forex reserves dropped to $623.9 billion, impacting rupee value, but still adequate according to IMF's ARA EM.

India's forex reserves decline to $623.983 billion, attributed to revaluation and market interventions by RBI.

For the week ended January 24, foreign currency assets, a major component of the reserves, increased from $4.758 billion to $537.891 billion, as per the RBI data.