India's forex stockpile rises to all-time high of $723.8 billion: RBI Guv
The stockpile rose from $709.4 billion, which was already an all-time high
 "Sanjay Malhotra, RBI, RBI Governor")
The reserves provide a merchandise import cover of more than 11 months, Malhotra said (Photo:PTI)
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India's foreign exchange reserves stood at $723.8 billion as of January 30, Reserve Bank of India chief Sanjay Malhotra said in his policy speech on Friday.
The stockpile rose from $709.4 billion, which was already an all-time high.
The reserves provide a merchandise import cover of more than 11 months, Malhotra said.
"Overall, India's external sector remains resilient. We are confident of meeting our external financing requirements comfortably."
(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: Feb 06 2026 | 10:52 AM IST