Foreign exchange reserves · India
India Foreign Exchange Reserves
The India Foreign Exchange Reserves is the value of the foreign currencies, gold and other reserve assets held by the Reserve Bank of India.
- Importance
- Low
- Released
- Weekly
- Next release
- Currency
- INR · Indian rupee
- Central bank
- The Reserve Bank of India
Latest figures
The latest release for OCT/23, published on 30 October 2026, came in at $719.75B.
| Released | For | Actual | Consensus | Previous |
|---|---|---|---|---|
| 30 Oct 2026 | OCT/23 | $719.75B | – | $721.02B |
| 23 Oct 2026 | OCT/16 | $721.02B | – | $726.03B |
| 16 Oct 2026 | OCT/09 | $726.03B | – | $734.61B ® |
| 7 Oct 2026 | OCT/02 | $734.6B | – | $747.56B |
| 2 Oct 2026 | SEP/25 | $747.56B | – | $765.9B |
| 25 Sep 2026 | SEP/18 | $765.9B | – | $780.78B |
| 18 Sep 2026 | SEP/11 | $780.78B | – | $785.71B |
| 11 Sep 2026 | SEP/04 | $785.71B | – | $740.8B |
| 4 Sep 2026 | AUG/28 | $740.8B | – | $729.33B |
| 28 Aug 2026 | AUG/21 | $729.33B | – | $716.91B |
| 21 Aug 2026 | AUG/14 | $716.91B | – | $707B |
| 14 Aug 2026 | AUG/07 | $707B | – | $692.87B |
Why it matters
Reserves are the war chest a central bank uses to defend its currency. Falling reserves can mean the bank is selling foreign currency to support the Indian rupee; rising reserves can mean it is buying to hold it down. For pegged and emerging-market currencies they are a key measure of resilience.
How it is calculated
The central bank values its holdings at market prices and exchange rates at the end of the period; changes therefore include valuation effects as well as purchases and sales.
What changes mean
- A large unexpected drop may signal intervention to support the currency.
- A rise driven only by a weaker dollar (valuation) says little about policy.
- Compare with months of imports covered: three months is a common minimum for emerging markets.
A short history
The modern reserve system grew out of Bretton Woods (1944); after the Asian crisis of 1997–98 many emerging economies built large reserves to avoid running out of foreign currency again.
Questions
What is the India Foreign Exchange Reserves?
The India Foreign Exchange Reserves is the value of the foreign currencies, gold and other reserve assets held by the Reserve Bank of India.
What was the latest India Foreign Exchange Reserves?
$719.75B for OCT/23, published on 30 October 2026.
When is the next India Foreign Exchange Reserves?
On Friday 6 November 2026 at 11:30 UTC.
Educational content only, not investment advice. Figures are the published results as recorded by our calendar; market reactions described are typical, not guaranteed.