India's Forex Reserves Rise by $963 Million Amid Fluctuations

India's foreign exchange reserves have seen a notable increase of $963 million, reaching $672.587 billion as of June 19. This comes after a significant drop in the previous week. The report highlights fluctuations in foreign currency assets and a rise in gold reserves, alongside changes in Special Drawing Rights and the country's position with the IMF. Read on for a detailed analysis of these financial metrics.

By Narendra Chaudhary Jun 26, 2026, 18:25 IST

Overview of India's Forex Reserves

According to the Reserve Bank of India (RBI), India's foreign exchange reserves saw an increase of $963 million, reaching a total of $672.587 billion for the week ending June 19. This follows a significant decline of $9.985 billion in the previous week, which brought the reserves down to $671.625 billion.

During the same week, foreign currency assets, which are a key part of the overall reserves, fell by $3.072 billion to $541.217 billion. These assets reflect the value of currencies other than the US dollar, including the euro, pound, and yen, and are influenced by their respective exchange rates.

On a positive note, the value of gold reserves rose by $4.110 billion, totaling $107.930 billion. However, the Special Drawing Rights (SDRs) decreased by $52 million, bringing the total to $18.647 billion. Additionally, India's reserve position with the International Monetary Fund (IMF) dropped by $22 million to $4.793 billion during the same reporting period.