Archive · 26 Sep 2026
India’s Forex Reserves Fall $14.88 Billion in Sharp Weekly Drop
India keeps a stockpile of foreign money, gold, and other assets called foreign exchange reserves.
These reserves help the country pay for things from other countries and handle financial problems.
The stockpile fell by $14.88 billion in one week.
It stood at $765.90 billion on September 18.
Most of the fall came from foreign currency assets, such as holdings connected to the euro, pound, and yen.
Gold reserves rose slightly during the same week.
Special Drawing Rights fell by $106 million.
The decline was the biggest weekly drop since November 2024.
The reserves were about $19.1 billion below their record high of $785 billion reached on September 4.
India’s foreign exchange reserves fell $14.88 billion to $765.90 billion in the week ended September 18.
The decline was the sharpest weekly fall since November 2024, according to Reserve Bank of India data.
Foreign currency assets fell by $14.82 billion to $630.98 billion, accounting for nearly all of the decrease.
Gold reserves increased by $68 million to about $111.29 billion, partly offsetting the fall.
Special Drawing Rights declined by $106 million to $18.74 billion, while India’s IMF reserve position stood at $4.89 billion.
- Who
- The Reserve Bank of India reported the change in India’s foreign exchange reserves.
- What
- India’s foreign exchange reserves fell by $14.88 billion to $765.90 billion.
- When
- For the week ended September 18; the data was released on Friday and published September 25, 2026.
- Where
- India.
- Why
- The decline was mainly caused by a fall of about $14.8 billion in foreign currency assets.
- Total reserves
- $765.90 billion
- Weekly change
- Down $14.88 billion
- Foreign currency assets
- $630.98 billion, down $14.82 billion
- Gold reserves
- About $111.29 billion, up $68 million
- Special Drawing Rights
- $18.74 billion, down $106 million
- IMF reserve position
- $4.89 billion
- Previous week
- Reserves fell $4.92 billion to $780.78 billion
- Record high
- $785 billion in the week ended September 4
