Forex Reserves

India is in a far healthier position from an economic perspective than it was during the taper tantrum period

The Sri Lankan government has imposed a 50 per cent surcharge on vehicle imports - excluding motorbikes and three-wheelers - considering the continuing slide of the country's currency. President Anura Kumara Dissanayake, who is also the finance minister, in a notification on Saturday said "by this order levy on imported goods specified in the schedule here to a surcharge at the rate of 50 per cent on applicable customs duty effect from May 16 for a period of three months". The rupee has seen over 3 per cent depreciation against the dollar by mid this month due to prevailing external pressures - primarily the Iran war, which has led to a massive surge in fuel import bill. The rupee, which was 309 to 310 against the dollar at the beginning of the year, currently stands at over 322. Calling it a "temporary" measure, deputy finance minister Anil Jayantha Fernando told reporters that the move is effectively aimed at making importers delay purchases for three months - a move that could .

India's foreign exchange reserves increased to $696.99 billion in the week ended May 8, led by a sharp rise in gold reserves, according to RBI data

Philippines has led losses with its stockpile sinking 8.1 per cent since the conflict started to $104 billion, while India's dropped 5.2 per cent to $691 billion

Persistent importer demand, elevated crude oil prices and West Asia tensions pushed the rupee to a record closing low despite RBI intervention

Worst-performing Asian currency in 2026, second-worst since Iran war

Central bank increases domestic share of gold reserves to 77.23% in FY26, with holdings rising to 680 MT even as overall forex reserves and gold value expand

India's foreign exchange reserves increased by $2.36 billion to $703 billion in the week ended April 17, driven by gains in foreign currency assets and gold

Domestic currency strengthens for second straight session as RBI curbs dollar demand from oil firms; forex reserves rise on higher foreign currency assets

India's foreign exchange reserves rise $9.06 billion after four weeks, led by a sharp increase in gold reserves and modest gains in foreign currency assets

Forex reserves decline sharply amid RBI intervention to stabilise rupee; foreign currency assets fall in FY26 even as gold reserves rise

Forex reserves declined for a third week, led by a sharp fall in gold holdings, while forward book positions and global factors continue to exert pressure on reserve adequacy

RBI turned a net buyer of dollars in January 2026, purchasing $2.52 billion after eight months, even as forward market positions and currency metrics shifted

Foreign exchange reserves fell to a two-month low of $709.76 billion as of March 13, the latest data shows

RBI intensifies intervention to stabilise the rupee amid FPI outflows, rising oil prices, and a widening BoP deficit, with a ballooning forward book deficit adding to pressure

Reserves decline driven by fall in foreign currency assets, while gold holdings rise marginally; analysts expect pressure to persist amid geopolitical tensions and outflows

India's forex reserves dropped USD 7.052 billion to USD 709.759 billion during the week ended March 13, the RBI said on Friday. In the previous reporting week, the overall reserves had dropped USD 11.683 billion to USD 716.81 billion. The kitty had expanded to an all-time high of USD 725.727 billion during the week ended February 13 this year. For the week ended March 13, foreign currency assets, a major component of the reserves, fell USD 7.678 billion to USD 555.568 billion, the data released by the central bank showed. Expressed in dollar terms, the foreign currency assets include effects of appreciation or depreciation of non-US units, such as the euro, pound, and yen, held in the foreign exchange reserves. Value of gold reserves increased USD 664 million to USD 130.681 billion during the week, the RBI said. The Special Drawing Rights (SDRs) were down USD 23 million to USD 18.697 billion, the apex bank said. India's reserve position with the IMF was also down by USD 15 millio

The rupee crashed 82 paise, or nearly 1 per cent, to settle at an all-time low of 93.71 (provisional) against the US dollar on Friday, weighed down by persistent foreign fund outflows and a steep rise in crude oil prices amid mounting geopolitical tensions. Forex traders said the Indian rupee is under tremendous pressure as surging crude oil prices and a shift toward risk-aversion dented investor sentiments. Moreover, heightened geopolitical uncertainty risks are driving energy costs higher, which could widen the trade deficit and stoke inflationary pressures, they added. At the interbank foreign exchange, the local unit opened at 92.92 against the greenback and soon breached the 93-mark for the first time. It kept losing ground through the session and eventually settled at 93.71 (provisional), down 82 paise from its previous close. On Wednesday, the rupee slumped 49 paise to close at its previous record low of 92.89 against the US dollar. Forex markets were closed on Thursday on

India's foreign exchange reserves rose to a record $728.49 billion in the week ended February 27, driven by higher gold reserves and foreign currency assets, according to RBI data

RBI's net short dollar position in the forward market climbed to $68.42 billion in January, with a rise in long-tenure contracts offsetting a decline in shorter-term positions