India's foreign exchange reserves rise to record USD 729.3 billion

2 entries, oldest to newest.

• 2026-08-17

  India's forex reserves cross USD 707 billion, RBI data shows

  Reserve Bank of India data showed the country's foreign exchange reserves jumped by USD 14.14 billion in the week ended 7 August 2026 to touch USD 707 billion, the sharpest weekly gain since January 2026. Foreign currency assets, the largest component, rose to USD 574.6 billion, while gold reserves climbed to USD 108.7 billion. Reserves remain below the record USD 728.5 billion touched in February 2026.

• 2026-08-29

  India's foreign exchange reserves rise to record USD 729.3 billion

  India's foreign exchange reserves rose by USD 12.42 billion to a record USD 729.3 billion in the week ended 21 August 2026, according to data released by the Reserve Bank of India on Friday (28 August 2026). The Reserve Bank attributed the sharp rise to strong inflows under its concessional FCNR(B) swap window, due to close on 31 August 2026, and to revaluation gains, with foreign currency assets alone increasing by USD 9.48 billion during the week. The milestone comes weeks after reserves first crossed USD 707 billion, reflecting the continued build up of India's external buffers even as the rupee has faced pressure through the year.