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India's forex reserves fall $7 billion to $709.76 billion, shows RBI data

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.

RBI, Reserve Bank of India

Value of gold reserves increased $ 664 million to $ 130.681 billion during the week, the RBI said. (Image: Bloomberg)

Press Trust of India Mumbai

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India's forex reserves dropped $ 7.052 billion to $ 709.759 billion during the week ended March 13, the RBI said on Friday.

In the previous reporting week, the overall reserves had dropped $ 11.683 billion to $ 716.81 billion. The kitty had expanded to an all-time high of $ 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 $ 7.678 billion to $ 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 $ 664 million to $ 130.681 billion during the week, the RBI said.

The Special Drawing Rights (SDRs) were down $ 23 million to $ 18.697 billion, the apex bank said.

India's reserve position with the IMF was also down by $ 15 million to $ 4.814 billion in the reporting week, according to the apex bank's data.

(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)

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First Published: Mar 20 2026 | 5:29 PM IST

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