India's FX reserves fall to $717.06 billion as gold holdings decline - RBI data
This story was originally published at 17:58 IST on 13 February 2026
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--RBI: India Feb 6 FX reserves $717.06 bln, down $6.71 bln on week
--RBI: India Feb 6 FX assets $570.05 bln, up $7.66 bln on week
MUMBAI – India's foreign exchange reserves came off the record high they hit in the last week of January and fell to $717.06 billion in the week ended Feb. 6, primarily on the back of a decline in gold holdings, data released by the Reserve Bank of India showed Friday. The reserves fell $6.71 billion on week, snapping a four-week gaining streak.
The value of the central bank's gold holdings fell to $123.48 billion in the reporting week, down $14.21 billion from the previous week. Foreign currency assets, however, rose $7.66 billion from the previous week to $570.05 billion as of Feb. 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.
The RBI's $10-billion buy-sell swap auction on Feb. 4, for a tenure of three years, also supported the foreign exchange reserves. End
US$1 = INR 90.6350
Reported by Pratiksha
Edited by Rajeev Pai
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