MUMBAI, India — December 26, 2025 —
India’s foreign exchange reserves rose sharply by $4.368 billion to $693.318 billion in the week ended December 19, 2025, according to data released by the Reserve Bank of India (RBI).
The increase follows a $1.689 billion rise in the previous week, when reserves stood at $688.949 billion.
Foreign currency assets (FCA), the largest component of the reserves, grew by $1.641 billion to $559.428 billion. These assets include the impact of appreciation or depreciation in non-US currencies like the euro, pound, and yen.
Gold reserves saw a substantial jump of $2.623 billion to $110.365 billion, boosted by rising international gold prices.
Special Drawing Rights (SDRs) increased by $8 million to $18.744 billion, while India’s reserve position with the International Monetary Fund (IMF) rose by $95 million to $4.782 billion.
Higher forex reserves enhance the RBI’s ability to stabilize the rupee, cover imports, and manage external debt amid global uncertainties.
The central bank continues to monitor forex market developments and intervene as needed to curb excessive volatility without targeting a specific exchange rate.
Market participants will watch upcoming RBI reports for further insights into economic trends.
