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BUSINESS NEWS1 MIN READ

India’s foreign-exchange reserves stand at $717.1 billion

RBI’s weekly data show reserves declined by $2.69 billion in the week to 30 October but remained $27.32 billion above a year earlier.

By Spectate Media desk
Gold reserves, global finance links and Indian trade logistics illustrate the composition of foreign-exchange reserves.

India’s foreign-exchange reserves stood at $717.056 billion on 30 October 2026, down $2.691 billion from the previous week, according to the Reserve Bank of India’s Weekly Statistical Supplement.

The stock remained $25.949 billion above end-March and $27.324 billion higher than a year earlier.

What changed during the week

Foreign currency assets, the largest reserve component, declined by $2.088 billion to $591.118 billion. Gold reserves fell by $559 million to $102.591 billion, while special drawing rights decreased by $47 million to $18.558 billion.

India’s reserve position in the International Monetary Fund increased by $3 million to $4.790 billion.

How to read the number

Weekly reserve movements reflect market valuation, exchange-rate changes and the central bank’s transactions. A decline does not by itself establish the scale or direction of foreign-exchange intervention.

The larger test is the buffer reserves provide against external financing stress, commodity-price shocks and abrupt currency-market volatility.

Source: Reserve Bank of India, 6 November 2026. This article is general information, not investment advice.

This article is journalism and commentary. It is not a recommendation to buy or sell any security, and it is not professional advice. Read the full disclaimer.

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