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India’s Forex Reserves
October 28 , 2025
16 hrs 0 min
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- India’s foreign exchange reserves rose by $4.496 billion to $702.28 billion as of October 17, 2025.
- The increase was mainly due to a surge in the value of gold reserves, which jumped by $6.181 billion to $108.546 billion.
- Foreign currency assets fell slightly by $1.692 billion to $570.411 billion, influenced by currency fluctuations.
- Special Drawing Rights (SDRs) rose marginally to $18.722 billion, while India’s IMF reserve position fell to $4.602 billion.
- The Reserve Bank of India (RBI) has been favouring gold over dollar-based assets, adding 600 kilograms of gold this fiscal year.
- RBI’s US Treasury holdings dropped to a seven-month low of $219 billion.
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