What is the latest update on India's foreign exchange reserves?

As of January 16, 2026, India's foreign exchange reserves reached $701.36 billion, a significant increase from the previous week.

How much did India's foreign currency assets increase?

India's foreign currency assets increased by $9.65 billion during the week ended January 16, 2026.

What is the role of the Reserve Bank of India in managing reserves?

The RBI monitors the foreign exchange market and intervenes to maintain orderly conditions and limit excessive volatility in the rupee.

Home / Business and Economy / India's Forex Reserves Hit Record High of $701 Billion

India's Forex Reserves Hit Record High of $701 Billion

23 Jan

•

Summary

Forex reserves reached $701.36 billion as of January 16, 2026.
Foreign currency assets saw a significant increase of $9.65 billion.
Gold holdings contributed to the rise, increasing by $4.62 billion.

India's Forex Reserves Hit Record High of $701 Billion

As of January 16, 2026, India's foreign exchange reserves have reached an impressive $701.36 billion, marking a substantial increase of $14.17 billion in just one week. This growth was largely fueled by a significant rise in foreign currency assets (FCAs), which saw an addition of $9.65 billion.

Gold reserves also played a crucial role in this upward trend, increasing by $4.62 billion to reach $117.45 billion. While Special Drawing Rights saw a minor dip, the overall reserves position remains exceptionally strong. The Reserve Bank of India continues its vigilant oversight of the foreign exchange market, intervening as needed to ensure orderly conditions and manage currency volatility.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.