India Foreign Exchange Reserves

Last Release

Nov 01, 2024

Actual

682,130

Units In

USD Million

684,810

Frequency

Weekly

Next Release

Nov 15, 2024

Time to Release

5 Days 11 Hours

Highest	Lowest	Average	Date Range	Source
704,890 Sep 2024	29,048 Sep 1998	295,715.98 USD Million	1998-2024	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 fell to $682.1 billion as of November 1st, 2024, marking the fifth consecutive decline since the record high of $704.9 billion in the last week of September. The drop was owed to an outflow of foreign capital as heightened geopolitical tensions in the Middle East and investors’ preference toward Chinese assets after Beijing’s stimulus announcements, in line with a rebound in G-Sec yields and the pullback on the Sensex.