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of <h1>India's forex reserves jump by USD 5.5 billion as gold valuation surges, reversing previous week's decline</h1> India's central bank reported that foreign exchange reserves rose by USD 5.543 billion to USD 692.576 billion for the week ended November 14, reversing a prior weekly decline. The increase is primarily attributed to a substantial rise in the valuation of gold reserves, which grew by USD 5.327 billion to USD 106.857 billion. Foreign currency assets increased modestly by USD 152 million to USD 562.29 billion, reflecting currency valuation effects. Special Drawing Rights with the IMF rose by USD 56 million to USD 18.65 billion, and the country's reserve position with the IMF increased by USD 8 million to USD 4.779 billion, as disclosed in central bank data.
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