India’s forex reserves rise $12.42 billion to $729.33 billion as foreign currency assets, gold increase

Foreign currency assets and gold representing India's forex reserves
Foreign currency assets and gold representing India's foreign exchange reserve position. Representative Image (Image Source: Google AI)

Mumbai: India’s foreign exchange reserves rose by $12.422 billion to $729.328 billion in the week ended August 21, 2026, according to data released by the Reserve Bank of India.

Foreign currency assets, the largest component of the reserves, increased by $9.482 billion during the week to $591.333 billion.

Gold reserves rose by $2.801 billion to $114.218 billion during the reporting week, RBI data showed.

Special Drawing Rights increased by $112 million to $18.852 billion, while India’s reserve position with the International Monetary Fund rose by $26 million to $4.925 billion.

India’s total foreign exchange reserves were $38.221 billion higher than their level at the end of March 2026.

Compared with a year earlier, total reserves were higher by $38.608 billion.

Foreign currency assets were $39.050 billion above their end-March level and $9.082 billion higher than a year earlier.

Gold reserves were $1.177 billion below their end-March level despite the increase recorded during the latest week. Compared with a year earlier, the value of gold reserves was higher by $29.216 billion.

RBI’s foreign exchange reserves comprise foreign currency assets, gold, Special Drawing Rights and India’s reserve position with the International Monetary Fund.

The figures were published as part of the Reserve Bank of India’s Weekly Statistical Supplement released on August 28, 2026.

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