The Reserve Bank of India reported total foreign exchange reserves of ₹7.07 trillion (US$734.6 billion) as of October 2, 2026, marking a weekly decline of ₹91,176 crore (US$12.95 billion) but a year-on-year increase of ₹8.59 trillion (US$34.6 billion), according to RBI data. The reserves include foreign currency assets, gold, special drawing rights (SDRs), and the reserve position in the International Monetary Fund (IMF).
The foreign currency assets component stood at ₹5.82 trillion (US$604.7 billion), down ₹74,933 crore (US$10.66 billion) from the previous week. Gold reserves were valued at ₹1.02 trillion (US$106.4 billion), decreasing by ₹17,131 crore (US$2.29 billion). SDR holdings increased slightly by ₹980 crore (US$15 million) to ₹17,964 crore (US$18.7 billion), while the reserve position in the IMF declined marginally by ₹92 crore (US$15 million) to ₹4,597 crore (US$4.8 billion). These figures exclude certain holdings such as SDRs included under the SDR category and investments in bonds issued by IIFC (UK).
The RBI’s foreign exchange reserves are a critical indicator of the country’s external financial stability and ability to manage currency volatility. The current level reflects a robust buffer compared to the previous year, despite the recent weekly dip. These reserves support India’s capacity to meet external obligations and influence monetary policy decisions. The data also showed an increase in aggregate deposits held by scheduled commercial banks, reaching ₹28.4 trillion as of September 30, 2026, indicating continued liquidity in the banking system.
The RBI’s weekly statistical supplement released on October 3, 2026, provides these provisional figures, which are subject to rounding differences. The next update on the country’s foreign exchange reserves is expected in the following week’s bulletin.