Foreign-exchange reserves of India

Common card · No. 308398

The foreign reserves of India are holdings of cash, bank deposits, bonds, and other financial assets denominated in currencies other than India's national currency, the Indian rupee. The foreign-exchange reserves are managed by the Reserve Bank of India (RBI) for the Indian government, and the main component is foreign currency assets. Foreign-exchange reserves act as the first line of defense for India in case of economic slowdown, but acquisition of reserves has its own costs. Foreign exchange reserves facilitate external trade and payment and promote orderly development and maintenance of foreign exchange market in India. India's total foreign exchange (forex) reserves stand at around US$729.328 billion on 21 August 2026, with the foreign currency assets (FCA) component at around US$591.3 billion, gold reserves at around US$114.2 billion, special drawing rights (SDRs) with the International Monetary Fund (IMF) of around US$18.85 billion and around US$4.9 billion reserve position in...

Read on Wikipedia