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Gold holdings, a key component of the reserve basket, increase by $790 million during the week to reach $122.133 billion.
India’s Latest Forex Reserves.
India’s foreign exchange (forex) reserves rose by $2.362 billion to $703.308 billion in the week ended April 17, according to the latest data from the Reserve Bank of India. The increase came after a $3.825 billion rise in the previous reporting week, when reserves had climbed to $700.946 billion.
Gold Reserves See Fresh Increase
Gold holdings, a key component of the reserve basket, increased by $790 million during the week to reach $122.133 billion. The continued rise in gold reserves comes amid global uncertainty, with central banks worldwide increasingly relying on bullion as a strategic reserve asset.
Foreign Currency Assets Also Higher
Foreign currency assets (FCAs), which form the largest portion of India’s reserves, rose by $1.481 billion to $557.463 billion. FCAs include the impact of movements in non-US currencies such as the euro, pound sterling and yen that are held in the reserves.
SDRs and IMF Position Edge Up
India’s special drawing rights (SDRs) with the International Monetary Fund increased by $78 million to $18.841 billion. The country’s reserve position with the IMF also rose by $14 million to $4.87 billion.
Forex reserves had hit the all-time high of $728.494 billion in the week ended February 27, 2026. The reserves had declined in subsequent weeks amid heightened geopolitical tensions in West Asia, which put pressure on the Indian rupee and led to intervention by the Reserve Bank of India through dollar sales in the currency market.
April 25, 2026, 08:16 IST
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