India’s forex reserves rise by about $6–7 billion in the latest RBI reporting week

India's foreign exchange reserves rose over $9 billion in the week ending August 14. Foreign currency assets and gold reserves significantly contributed to this overall increase. Banks received substantial funds through special deposit schemes and borrowing measures.

New Delhi: India’s foreign exchange reserves jumped $9.905 billion to $716.90 billion during the week ended August 14, according to data released by the Reserve Bank of India (RBI) on Friday. The latest increase comes a week after the country’s forex reserves had surged by $14.1 billion to $707 billion, marking their highest level in the current financial year.The rise in reserves during the latest week was supported by inflows under the RBI’s FCNR(B) deposit scheme, which began to reflect in the country’s foreign exchange reserves.India's Foreign Exchange Reserves Surge By USD 8.31 Billion To Reach USD 686.145 Billion Foreign currency assets (FCA), the largest component of India’s forex reserves, increased by $7.2 billion to $581.85 billion during the week. The rise in FCAs accounted for the largest share of the overall increase in reserves.India’s gold reserves also recorded a substantial increase, rising by $2.67 billion to $111.41 billion during the week.The strong accretion in foreign exchange reserves strengthens India’s external sector buffers and provides greater resilience against global economic and financial uncertainties.Meanwhile, in the previous week, India's foreign exchange reserves rose sharply by $14.136 billion during the week ended August 7, crossing the $707 billion mark, driven by a significant increase in foreign currency assets and gold reserves.India’s Forex Reserves Surge $14.1 Billion To Cross $707 Billion Mark On Higher FCAs And Gold Holdings: RBI Data In rupee terms, the country's reserves expanded by Rs 1.19 lakh crore during the reporting week to Rs 67.32 lakh crore, underscoring the strength of India's external sector position, according to the central bank data last week.The rise was led by an increase in foreign currency assets (FCAs), which constitute the largest share of the country's forex reserves. FCAs climbed by $9.946 billion to $574.625 billion during the week.Gold reserves also witnessed a substantial increase, rising by $3.995 billion to $108.738 billion.The value of Special Drawing Rights (SDRs) with the International Monetary Fund increased by $79 million to $18.745 billion.Disclaimer: This story is from the syndicated feed. Nothing has been changed except the headline.

The latest increase follows a $14.14-billion rise in the previous week, bringing the reserves closer to their record high reached in February

India's foreign exchange reserves jumped by $9.905 billion to $716.90 billion during the week ended August 14, official data released by the Reserve Bank of India showed on Friday.The foreign exchange reserves had risen $14.1 billion to $707 billion a week earlier, marking the highest level in the current fiscal year.The increase came as inflows from the Reserve Bank of India's FCNR(B) deposit scheme began to reflect in the country's foreign exchange reserves.Foreign currency assets, the largest component of the reserves, rose $7.2 billion to $581.85 billion during the week, making the biggest contribution to the overall increase.Meanwhile, gold reserves surged by $2.67 billion to $111.41 billion during the week, providing another significant boost to the overall reserves.

India's foreign exchange reserves jumped a notable $14.136 billion, reaching a total of $707.002 billion for the week ending August 7. This surge was largely driven by a $9.946 billion rise in foreign currency assets, complemented by a $3.995 billion increase in gold reserves. These noteworthy gains come on the heels of strategic initiatives from the government and the RBI aimed at boosting foreign exchange inflows.

Mumbai, August 14, 2026: India’s foreign exchange reserves rose sharply by $14.136 billion during the week ended August 7, crossing the $707 billion mark, driven by a significant increase in foreign currency assets and gold reserves, according to data released by the Reserve Bank of India (RBI) on Friday.In rupee terms, the country’s reserves expanded by Rs 1.19 lakh crore during the reporting week to Rs 67.32 lakh crore, underscoring the strength of India’s external sector position.Foreign Currency Assets RiseThe rise was led by an increase in foreign currency assets (FCAs), which constitute the largest share of the country’s forex reserves. FCAs climbed by $9.946 billion to $574.625 billion during the week.Gold reserves also witnessed a substantial increase, rising by $3.995 billion to $108.738 billion.The value of Special Drawing Rights (SDRs) with the International Monetary Fund increased by $79 million to $18.745 billion.Meanwhile, India’s reserve position with the International Monetary Fund rose by $116 million to $4.894 billion.Reserves Grow Since MarchWith the latest increase, the country’s forex reserves have grown by $15.894 billion since the end of March 2026.On an annual basis, reserves have expanded by $13.384 billion, reflecting continued strength in external balances and capital inflows.The rise in reserves provides an additional buffer against external shocks and helps support the stability of the rupee amid fluctuations in global financial markets and commodity prices.Foreign exchange reserves, managed by the RBI, comprise foreign currency assets, gold holdings, SDRs and the reserve tranche position with the IMF, and are closely watched as an indicator of a country’s ability to meet external obligations and manage currency volatility.Also Watch: India’s Forex Reserves Rise $938 Million To $682.32 Billion, RBI Sees FDI Inflows Crossing $100 Billion In FY27Previous Week’s IncreaseMeanwhile, the value of gold reserves increased by $1.685 billion to $104.743 billion during the week ended July 31, the RBI said.For the same period, foreign currency assets, a major component of the reserves, increased by $8.750 billion to $564.680 billion.(Disclaimer: Except for the headline, this article has not been edited by FPJ's editorial team and is auto-generated from an agency feed.)