Archive · 31 Jan 2026
India's Forex Reserves Hit Record High
India's money saved in foreign currencies and gold, called forex reserves, has reached the highest amount ever.
This happened in the week ending January 23, 2026.
The reserves increased by $8.053 billion to a total of $709.413 billion.
This increase was because of more money in foreign currencies and more gold.
The previous highest amount was $704.89 billion in September 2024.
The money saved in foreign currencies is $562.885 billion, and the gold reserves are $123.088 billion.
The RBI, which manages this money, says it is enough to cover more than 11 months of imports.
The reserves have been increasing over the past few weeks and have gone up by about $56 billion in 2025 and just over $20 billion in 2024.
The RBI uses these reserves to keep the value of the rupee stable.
India's foreign exchange reserves reached a new all-time high of $709.413 billion in the week ended January 23, 2026.
The reserves increased by $8.053 billion, driven by a jump in both gold reserves and foreign currency assets.
Foreign currency assets stood at $562.885 billion, up $2.367 billion from the previous week.
Gold reserves increased by $5.635 billion to $123.088 billion.
The RBI stated that the reserves are sufficient to cover more than 11 months of merchandise imports.
- Who
- Reserve Bank of India (RBI)
- What
- India's foreign exchange reserves reached a new all-time high
- When
- Week ended January 23, 2026
- Where
- India
- Why
- Driven by a jump in both gold reserves and foreign currency assets
- Event
- India's foreign exchange reserves reached a new all-time high
- Reserves Amount
- $709.413 billion
- Weekly Increase
- $8.053 billion
- Foreign Currency Assets
- $562.885 billion
- Gold Reserves
- $123.088 billion
- Previous High
- $704.89 billion (September 2024)
- 2025 Increase
- About $56 billion
- 2024 Increase
- Just over $20 billion
Sources
Sensex closes 296 points lower at 82,269, Nifty skids 98 points to 25,320; stock markets dragged lower by metal, IT stocks
Rupee touches all-time low of 92.02/$, pares losses to end at 91.97
HCL Tech, Tech Mahindra, Infosys: IT stocks tumble ahead of Union Budget; here's why
FPIs take a bearish call in the run-up to Budget
Markets end lower, snap three-day rally in last session before Budget; Sensex falls nearly 300 points
Rupee rebounds from record low of 92.02 to end marginally higher against US dollar
Rupee hits lowest-ever level of 92.02 against US dollar; ends with marginal gain - Telegraph India
India’s forex reserves hit record $709.4 billion as RBI boosts liquidity
Rupee hits closing low; RBI dollar sales hold it below 92
Indian stock markets gain this week ahead of Budget 2026
Markets Climb 1% This Week As Budget 2026 Looms, Mid & Smallcaps Outshine
Missed The Gold Run? Budget May Hand You A Second Chance To Get In
India's forex reserves hit record high of $709.4 billion
India’s forex reserves hit record high of $709.4 billion
RBI’s forex reserves touch record high at $ 709.4 billion
