India Foreign Exchange Reserves

Last Release

Dec 13, 2024

Actual

652,870

Units In

USD Million

654,860

Frequency

Weekly

Next Release

Dec 27, 2024

Time to Release

4 Days 17 Hours

Highest	Lowest	Average	Date Range	Source
704,890 Sep 2024	29,048 Sep 1998	297,311.91 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 an equivalent of $653 billion in the second week of December, the lowest since June, and extending the decline from the record high of $704.9 billion in the last week of September. The drop was owed to an outflow of foreign capital as slowing growth in India drove investors to opt out of investments in domestic capital markets, in line with the rebound in G-Sec yields and the pullback on the Sensex, and forcing the RBI to deplete reserves and prevent a sharper decline for the rupee.