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India’s gold reserves register a sharp rise, increasing $4.141 billion to $131.630 billion, according to the RBI data.
India’s Latest Forex Reserves.
India’s Latest Forex Reserves: India’s foreign exchange reserves rose sharply to a new record during the week ended February 27, according to data released by the Reserve Bank of India (RBI) on Friday. The country’s forex reserves increased by $4.885 billion to $728.494 billion, marking the highest level on record. This comes after reserves had declined by $2.119 billion to $723.608 billion in the previous reporting week.
The earlier all-time high stood at $725.727 billion, recorded in the week ended February 13, 2026.
Foreign currency assets rise
Foreign currency assets (FCAs), which form the largest component of India’s forex reserves, rose $561 million to $573.125 billion during the reporting week.
These assets reflect the value of currencies such as the euro, pound sterling and Japanese yen held in the reserves. Their valuation in dollar terms also changes depending on the appreciation or depreciation of these currencies against the US dollar.
Gold reserves see strong increase
India’s gold reserves registered a sharp rise, increasing $4.141 billion to $131.630 billion, according to the RBI data.
Meanwhile, Special Drawing Rights (SDRs) with the International Monetary Fund increased $26 million to $18.87 billion.
India’s reserve position with the IMF also improved, rising $158 million to $4.87 billion during the week.
Reserves up sharply in 2025
Data shows that India’s forex reserves have increased by about $56 billion so far in 2025.
In comparison, the reserves had risen by just over $20 billion in 2024, while the country had added around $58 billion in 2023. This came after a sharp decline of about $71 billion in 2022, when the RBI intervened aggressively in currency markets.
RBI confident on external sector
Following the latest monetary policy review last month, the RBI said India’s foreign exchange reserves are sufficient to cover more than 11 months of merchandise imports.
The central bank noted that the external sector remains resilient and expressed confidence that India will be able to comfortably meet its external financing requirements.
Forex reserves are assets held by a country’s central bank, mainly in reserve currencies such as the US dollar, along with smaller holdings in the euro, Japanese yen and pound sterling. The RBI uses these reserves to manage liquidity and intervene in currency markets to prevent excessive volatility in the rupee.
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March 07, 2026, 08:19 IST
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