India’s Forex Reserves Increase by USD 964 Million to USD 675.16 Billion: RBI

India’s foreign exchange reserves increased by USD 964 million to USD 675.157 billion during the week ended July 10, 2026, according to the Reserve Bank of India’s Weekly Statistical Supplement. The weekly improvement was primarily driven by higher foreign currency assets.

Foreign currency assets, which constitute the largest share of the country’s reserves, rose by USD 930 million to USD 546.508 billion. In rupee terms, this component recorded an increase of ₹14,078 crore during the reporting week.

The value of India’s gold reserves increased by USD 24 million to USD 105.230 billion. The corresponding rise in rupee terms stood at ₹1,235 crore.

Special Drawing Rights held with the International Monetary Fund increased marginally by USD 3 million to USD 18.626 billion. Their rupee-denominated value rose by ₹209 crore.

India’s reserve position with the IMF also improved, increasing by USD 7 million to USD 4.793 billion. In rupee terms, this component expanded by ₹97 crore.

Despite the latest weekly rise, total foreign exchange reserves remained USD 15.951 billion below their level at the end of March 2026. Over this period, foreign currency assets declined by USD 5.775 billion, while gold reserves decreased by USD 10.166 billion. SDR holdings increased by USD 5 million, whereas India’s reserve position with the IMF fell by USD 15 million.

On a year-on-year basis, the country’s overall reserves were USD 21.515 billion lower. Foreign currency assets registered a decline of USD 42.302 billion, while the value of gold reserves increased by USD 20.881 billion. SDR holdings were down by USD 176 million compared with the corresponding period of the previous year. CA Sansaar