FX reserves fall to 13-week low of $689.73 bln as of Oct 31, RBI data show
This story was originally published at 18:18 IST on 7 November 2025
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--RBI: India Oct 31 FX reserves $689.73 bln
--RBI: India Oct 31 FX reserves $689.73 bln, down $5.62 bln on week
--RBI: India Oct 31 FX assets $564.59 bln, down $1.96 bln on week
NEW DELHI – India's foreign exchange reserves fell to a 13-week low of $689.73 billion in the week ended Oct. 31, according to data released by the Reserve Bank of India Friday. The reserves were down $5.62 billion from a week ago, likely reflecting the central bank's active intervention in the foreign exchange market by selling dollars.
The country's foreign currency assets fell $1.96 billion on week to $564.59 billion as of Oct. 31. The value of the central bank's gold holdings decreased $3.81 billion to $101.73 billion in the reporting week. Earlier in the day, RBI Governor Sanjay Malhotra said India's foreign exchange reserves remain healthy.
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 88.66
Reported by Shubham Rana
Edited by Rajeev Pai
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