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MoneyWireIndia's forex reserves fall to 6-week low of $697.78 bln as of Oct 10

India's forex reserves fall to 6-week low of $697.78 bln as of Oct 10

This story was originally published at 17:09 IST on 17 October 2025
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Informist, Friday, Oct. 17, 2025

 

--RBI: India Oct 10 FX reserves $697.78 bln 

--RBI: India Oct 10 FX reserves $697.78 bln, down $2.18 bln on week 

 

NEW DELHI – India's foreign exchange reserves hit a six-week low of $697.78 billion as of Oct. 10, according to data released by the Reserve Bank of India Friday. The reserves were down $2.18 billion from a week ago, likely because of the RBI's active intervention through dollar sales in the currency market.

 

This is the fourth consecutive week when FX reserves have declined. They were at a one-year high of $702.97 billion in the week ended Sept. 12.

 

Foreign currency assets fell by $5.61 billion on week to $572.10 billion as of Oct. 10. The value of the central bank's gold holdings increased by $3.60 billion to an all-time high of $102.37 billion in the reporting week.

 

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 87.98

 

Reported by Pratiksha

Edited by Saji George Titus

 

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