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India’s forex reserves slip by US$1.877 bn, gold reserves climb by  US$1.613 bn

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Foreign exchange reserves slipped by USD 1.877 billion to USD 686.227 billion in the week ended November 28, according to RBI data. This marks the second consecutive weekly decline, following a steeper fall of USD 4.472 billion previously. Meanwhile, gold reserves climbed USD 1.613 billion to USD 105.795 billion.

India’s foreign exchange reserves slipped by USD 1.877 billion to USD 686.227 billion in the week ended November 28, according to RBI data. This marks the second consecutive weekly decline, following a steeper fall of USD 4.472 billion previously. Meanwhile, gold reserves climbed USD 1.613 billion to USD 105.795 billion, aided by rising global gold prices amid geopolitical tensions and heightened demand for safe-haven assets.

The RBI’s Weekly Statistical Supplement reveals that foreign currency assets (FCA), which form the bulk of the reserves, contracted by USD 3.569 billion to USD 557.031 billion.

Other components posted modest gains—SDRs rose USD 63 million to USD 18.628 billion, and India’s reserve position with the IMF increased by USD 16 million to USD 4.772 billion. Despite recent declines, total reserves are still up nearly USD 48 billion in 2025, after gains of USD 20 billion in 2024 and USD 58 billion in 2023.

The RBI continues to manage rupee volatility through active intervention in the currency market, oscillating between dollar purchases and sales depending on the currency’s strength. Global market movements in currencies and commodities also shape week-to-week fluctuations.

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The Pearl Edit: Thoughtful Women’s Day Gifting by GIVA

Timeless pearl creations from GIVA that honour the quiet strength, elegance, and individuality of modern women.

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For generations, pearls have defined timeless elegance — an evergreen classic that transcends trends and seasons. Effortlessly refined, they carry a quiet sophistication that has remained relevant across eras.

Neither fleeting nor ornamental, pearls embody a kind of understated luxury, graceful, enduring, and always in style.

This Women’s Day, GIVA celebrates women who are building, leading, choosing, and redefining life on their own terms. Women who don’t need to be loud to be powerful, because their presence speaks for itself.

In that spirit, pearls make for a meaningful gift. Timeless yet modern, they move effortlessly from everyday moments to milestone celebrations, making them a thoughtful way to honour the women who inspire us, whether it’s a mentor, a friend, a colleague, or even yourself.

Here are some pearl pieces that make for perfect Women’s Day gifts.

Stay With Me Golden Pendant With Link Chain

For the one who wears her heart unapologetically. A radiant pearl drop pendant set in gold-plated 925 silver, designed with an elegant lattice motif that blends timeless romance with modern craftsmanship. From the Barkha Singh x GIVA Glow in Motion collection, this piece celebrates intricate CNC artistry while offering a refined statement for everyday elegance.

Gold Pearl Centred Diamond Earrings

Elegant and timeless, these 18K BIS-hallmarked gold earrings feature a delicate circular motif with a luminous pearl at the centre, accented by sparkling lab-grown diamonds below. Designed for everyday luxury, they blend classic sophistication with modern brilliance, making them a graceful statement for any occasion.

Rose Gold On Mom’s Path Bracelet

A heartfelt rose gold-plated bracelet crafted in 925 silver, featuring a charming baby shoe motif with enamel detailing, a delicate pearl accent, and a subtle “mom” engraving. Thoughtfully designed to celebrate the unbreakable bond between a mother and her child, it makes for a meaningful keepsake.

Anushka Sharma Silver Drops of Pearls Set

Inspired by the hidden beauty of ocean pearls, the Anushka Sharma Silver Drop of Pearl Set captures effortless elegance with a graceful pearl drop and sparkling zircon accents. Crafted in 925 silver, the set includes a delicate pendant and matching earrings designed to add timeless charm to any look.

Rose Gold Glam Drops Necklace

Graceful and statement-making, this rose gold-plated lariat necklace in 925 silver features a central oblong pearl with delicate cascading strands ending in luminous pearls. Elegant yet contemporary, it’s the perfect piece to elevate evening looks and special occasions with effortless glamour.

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