India's FX reserves rise to record high of $728 bln as gold holdings jump
This story was originally published at 17:25 IST on 6 March 2026
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--RBI: India Feb 27 FX reserves $728.49 bln
--RBI: India Feb 27 FX reserves $728.49 bln, up $4.89 bln on week
--RBI: India Feb 27 FX assets $573.13 bln, up $561 mln on week
NEW DELHI – India's foreign exchange reserves rose to a record high in the week ended Feb. 27, led mainly by a jump in gold holdings, data released Friday by the Reserve Bank of India showed. Foreign exchange reserves rose to $728.49 billion as on Feb. 27, up $4.89 billion on week. The previous record high was $725.73 billion in the week ended Feb. 13
The value of the central bank's gold holdings increased to $131.63 billion as on Feb. 27, up $4.14 billion from the previous week. Foreign currency assets were up just $561 million from the previous week at $573.13 billion as of Feb. 27.
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 91.74
Reported by Shubham Rana
Edited by Tanima Banerjee
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