India's FX reserves fall after 3 weeks; at $702.57 bln as of Sept 19 - RBI
This story was originally published at 17:00 IST on 26 September 2025
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--RBI: India Sept 19 FX reserves $702.57 bln
--RBI: India Sept 19 FX reserves $702.57 bln, down $396 mln on week
--RBI: India Sept 19 FX assets $586.15 bln, down $864 mln on week
NEW DELHI – India's foreign exchange reserves fell for the first time in four weeks as they declined $396 million to $702.57 billion as of Sept. 19, according to data released Friday by the Reserve Bank of India.
FX reserves were $702.97 billion in the week ended Sept. 12, the highest level in a year and just below the record high. Foreign exchange reserves had hit a lifetime high of $704.89 billion in the week ended Sept. 27, 2024.
The value of the central bank's gold holdings increased $360 million to $92.78 billion in the reported week, an all-time high. Foreign currency assets fell $864 million on week to $586.15 billion as of Sept. 19.
Calculated in dollar terms, the central bank'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 RBI. End
US$1 = INR 88.72
Reported by Shubham Rana
Edited by Subhojit Sarkar
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