India’s foreign exchange reserves rose by $4.698 billion, reaching $702.966 billion for the week ending September 12, according to data released by the Reserve Bank of India (RBI) on Friday.
In the preceding week, the reserves had increased by $4.038 billion to total $698.268 billion. Earlier in September, for the week that ended on the 5th, the reserves had also gained $3.51 billion, reaching $694.23 billion.
The rise in reserves is primarily attributed to foreign currency assets, which are a crucial component of the total reserves. For the week ending September 5, these assets increased by $2.537 billion to $587.014 billion.
Foreign currency assets are valued in dollar terms and can fluctuate based on the appreciation or depreciation of non-U.S. currencies, including the euro, pound, and yen, that form part of the reserves.
Additionally, gold reserves rose by $2.12 billion, bringing the total to $92.419 billion for the week. The Special Drawing Rights (SDRs) saw an increase of $32 million, now totaling $18.773 billion, according to the RBI. Moreover, India’s reserve position with the International Monetary Fund (IMF) grew by $9 million, reaching $4.76 billion during the reporting week.
This data highlights the fluctuations and components of India’s forex reserves, emphasizing the ongoing stability and growth in its financial metrics as of September 2025.
