India's forex reserves rose by $392 million to $687.19 billion as of 9 January 2026, PTI reported, according to Reserve Bank of India data released on 16 January 2026.
In the last reporting week, the total kitty decreased by $9.809 billion, reaching $686.80 billion, data shows.
Forex reserves comprise foreign currency assets, gold, SDRs, and the nation's reserve position in the International Monetary Fund (IMF), which is maintained by the central bank of the country.
The foreign currency assets include the effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. It is typically expressed in dollar terms.
Value of the gold reserves surged by $1.568 billion to $112.83 billion during the week, the RBI said, while the Special Drawing Rights (SDRs) dropped by $39 million to $18.739 billion, the central bank noted.
India's reserve position with the IMF decreased by $3 million to USD 4.758 billion in the reporting period week, the report said.
Forex reserves in the previous week
For the week ended 2 January, 2026, forex reserves fell by $9.809 billion to $686.801 billion, according to RBI data released on 9 January.
In the week prior, the forex reserves had jumped by $3.293 billion to $696.61 billion.
For the week ended January 2, foreign currency assets, a major component of reserves, dropped by $7.622 billion to $551.99 billion, the central bank's data showed.
According to RBI data, the value of gold reserves dropped by $ 2.058 billion to $111.262 billion in the week under consideration.
The Special Drawing Rights (SDRs) were down by $25 million to $18.778 billion, the central bank stated. Meanwhile, the country's reserve position with the IMF fell by $105 million to $4.771 billion for the week ended on 2 Janaury, 2026, data revealed.
