India Foreign Exchange Reserves

Last Release

Jan 10, 2025

Actual

625,870

Units In

USD Million

634,590

Frequency

Weekly

Next Release

Jan 24, 2025

Time to Release

5 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
704,890 Sep 2024	29,048 Sep 1998	298,300.89 USD Million	1998-2025	Reserve Bank of India

In India, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.

Latest Updates

Foreign exchange reserves held by the Reserve Bank of India slumped to an equivalent of $625 billion in the second week of 2025, the lowest since March 2024, and extending the aggressive decline from the record high of $704.9 billion in the last week of September. The quick depletion of Indian forex reserves reflected the increasing extent of forex sales that the RBI is forced to undertake to hold its crawling peg of the currency. Despite the depletion, the currency continued to extend fresh record lows as slowing growth and market barriers drive foreign investors to pivot toward other Asian financial markets, inline with the drop for the equity benchmarks and the increase in G-Sec yields.