India’s forex reserves cross $700 billion, big increase in RBI figures

forex reserve

A huge increase has been recorded in India’s foreign exchange reserves. According to the data released by the Reserve Bank of India (RBI), the country’s forex reserves increased to $ 701.36 billion in the week ending January 16, 2026. This is a strong increase of $14.17 billion compared to last week. Earlier, in the week ending January 9, India’s forex reserve was $ 687.19 billion.

Experts believe that the increase in forex reserves is a positive sign for the economic condition of the country. This not only strengthens the rupee, but also strengthens India’s position in the times of uncertainty in the global markets.

FCA increased to $560.52 billion

According to RBI data, the largest share in foreign exchange reserves is made up of foreign currency assets (FCA). This week FCA increased to $560.52 billion, which shows an increase of $9.65 billion in a week. Apart from the dollar, FCA also includes assets held in currencies like euro, pound and Japanese yen. Changes in the value of these currencies also affect the total reserves.

India is also strengthening its gold reserves

During this period, a good increase was also seen in India’s gold reserves. The value of gold reserves increased by $ 4.62 billion to $ 117.45 billion. This shows that India is gradually strengthening the share of gold in its reserves, so that the risks can be balanced. However, a slight decline was recorded in SDR (Special Drawing Rights) and it came down to $18.704 billion. At the same time, India’s reserve position with IMF also decreased slightly to 4.684 billion dollars.

RBI has made it clear that it keeps a constant eye on the foreign exchange market. When necessary, the Central Bank intervenes in the market, so that there is no excessive fluctuation in the rupee. Its objective is not to keep the rupee tied at any one level, but to maintain balance in the market. Overall, the forex reserve reaching above $700 billion is being considered a sign of India’s strong external position and economic stability.

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