India’s foreign exchange reserves increased by USD 14.14 billion to USD 707 billion during the week ended August 7, 2026, according to the latest data released by the Reserve Bank of India (RBI).
The weekly rise was primarily supported by an increase in foreign currency assets (FCA) and the value of the country’s gold reserves.
Foreign currency assets, which constitute the largest component of India’s forex reserves, increased by USD 9.95 billion during the week to USD 574.63 billion.
Gold reserves also recorded a significant weekly increase of USD 4 billion, taking the total value of India’s gold holdings to USD 108.74 billion.
India’s Special Drawing Rights (SDRs) with the International Monetary Fund rose by USD 0.08 billion to USD 18.75 billion. The country’s reserve position in the IMF also increased by USD 0.12 billion to USD 4.89 billion.
Reserve Position Since March 2026
The latest figures indicate that India’s total foreign exchange reserves are USD 15.89 billion above the level recorded at the end of March 2026.
Since March-end, foreign currency assets have increased by USD 22.34 billion, reaching USD 574.63 billion. In contrast, the value of the RBI’s gold reserves remains USD 6.66 billion below the March-end level, despite the strong increase recorded during the latest reporting week.
Year-on-Year Movement
On a year-on-year basis, India’s overall forex reserves were USD 13.38 billion higher.
The annual movement reflects different trends across the major components. Foreign currency assets were USD 9.35 billion lower than their level a year earlier, while gold reserves increased by USD 22.58 billion.
The substantial rise in gold reserves more than compensated for the year-on-year decline in foreign currency assets, resulting in an overall increase in India’s foreign exchange reserves. CASansaar