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India's forex reserves fall to one-year low of about USD 681 billion.
29 May 2026
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Economy
India's forex reserves fall to one-year low of about USD 681 billion12
India's forex reserves fell to about USD 681 billion in the week ended 22 May, a one-year low, as the RBI sold dollars to defend the rupee amid the oil shock and portfolio outflows.
- RBI data for the week ended 22 May 2026: forex reserves fell USD 7.511 billion to USD 681.384 billion, a one-year low
- Previous week's reserves were USD 688.894 billion
- Gold reserves fell USD 4.53 billion to USD 114.786 billion; foreign currency assets fell USD 2.872 billion to USD 543.032 billion
- Decline reflects rupee pressure and RBI dollar sales amid the Middle East conflict
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Economy
India's forex reserves cross USD 700 billion to a record345
India's forex reserves hit a record USD 709.413 billion in the week ended 23 January 2026, up USD 8.05 billion, according to RBI data released on 30 January.
- Reserves USD 709.413 billion in week ended 23 January 2026, a record (previous high USD 704.89 billion in September 2024)
- Rose by USD 8.053 billion in the week, led by gold (USD 123.088 billion) and foreign currency assets (USD 562.885 billion)
- Reserves had crossed USD 700 billion in the prior week
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