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      Question

      What was the recorded value of India’s foreign

      currency assets as part of its forex reserves for the week ending July 4, 2025?
      A $591.287 billion Correct Answer Incorrect Answer
      B $699.736 billion Correct Answer Incorrect Answer
      C $593.451 billion Correct Answer Incorrect Answer
      D $584.102 billion Correct Answer Incorrect Answer
      E $604.800 billion Correct Answer Incorrect Answer

      Solution

      Out of the total forex reserves of $699.736 billion, the foreign currency assets component was reported at $591.287 billion. These assets are susceptible to changes due to currency movements such as the euro, pound, and yen against the dollar. The week saw a $3.537 billion decline in these assets, contributing heavily to the overall reduction in reserves.

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