India’s Forex Reserves Jump Over 6 Billion USD to 682.35 Billion USD

According to the Reserve Bank, India’s Forex reserves increased by 6.118 billion USD to 682.354 billion USD for the week ending July 24. The total reserves in the previous reporting week had climbed by 1.08 billion USD to 676.237 billion USD.

Before the Middle East war began, which caused the rupee to fall under pressure and the Reserve Bank of India to step in on the currency market with dollar sales, the kitty had reached an all time peak of 728.494 billion USD during the week ending February 27 of this year. Last month, the government and the central bank implemented a number of initiatives to draw in more Forex flows into the nation, such as the FCNR(B) program.

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India’s forex reserves jump USD 6.118 billion to USD 682.354 billion during the week ended July 24, says RBI — Press Trust of India (@PTI_News) July 31, 2026

Reports state that the country has thus far received 32 billion USD through the programmes. According to the RBI, the worth of gold reserves increased by 1.308 billion USD to 103.058 billion USD over the course of the week. According to the leading bank, the Special Drawing Rights (SDRs) were down 53 million USD at 18.617 billion USD.

According to the apex bank’s statistics, India’s reserve position with the IMF decreased by 11 million USD to 4.75 billion USD at the close of the reporting week.