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Informist, Friday, Mar. 13, 2026

 

--RBI: India Mar 6 FX reserves $716.81 bln 

--RBI: India Mar 6 FX reserves $716.81 bln, down $11.68 bln on week 

--RBI: India Mar 6 FX assets $563.25 bln, down $9.88 bln on week 

 

NEW DELHI – India's foreign exchange reserves saw the steepest weekly fall in 15 months as on Mar. 6 as the Reserve Bank of India sold dollars heavily to prevent a sharp fall in the Indian rupee against the dollar amid high crude oil prices.

 

Data released by the RBI Friday showed India's foreign exchange reserves fell to $716.81 billion as on Mar. 6, down $11.68 billion from a record high of $728.49 billion as on Feb. 27. The weekly fall in reserves was the highest since Nov. 15, 2024.

 

Foreign currency assets fell $9.88 billion on week to $563.25 billion as on Mar. 6. The weekly fall in foreign currency assets was also the sharpest since Nov. 15, 2024. The value of the central bank's gold holdings declined $1.61 billion on week to $130.02 billion as on Mar. 6.

 

Calculated in dollar terms, the RBI's foreign exchange reserves also reflect the impact of appreciation or depreciation of currencies other than the dollar, such as the euro, the pound sterling, and the yen, held by the central bank.  End

 

US$1 = INR 92.46

 

Reported by Shubham Rana

Edited by Avishek Dutta

 

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