India’s forex reserves rose by $392 million to $687.19 billion as of 9 January 2026, PTI reported, according to Reserve Bank of India data released on 16 January 2026.
In the last reporting week, the total kitty decreased by $9.809 billion, reaching $686.80 billion, data shows.
Forex reserves comprise foreign currency assets, gold, SDRs, and the nation’s reserve position in the International Monetary Fund (IMF), which is maintained by the central bank of the country.
The foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. It is typically expressed in dollar terms.
Value of the gold reserves surged by $1.568 billion to $112.83 billion during the week, the RBI said, while the Special Drawing Rights (SDRs) dropped by $39 million to $18.739 billion, the central bank noted.
India’s reserve position with the IMF decreased by $3 million to USD 4.758 billion in the reporting period week, the report said.
