Foreign currency assets, which constitute the largest component of the reserves, increased by $846 million to $544.29 billion during the reporting week. However, this rise was more than offset by a steep contraction in gold reserves, which dropped by $10.75 billion to $103.82 billion.
Special Drawing Rights also recorded a marginal decline, falling by $66 million to $18.70 billion. In addition, India’s reserve position with the International Monetary Fund slipped by $11 million to $4.82 billion.
In the previous week ended June 5, 2026, India’s total foreign exchange reserves stood at 1.61 billion, highlighting the extent of the weekly contraction. Despite the latest decline, on a year-on-year basis, the reserves remain higher by .33 billion, with foreign currency assets increasing by .14 billion over the same period.
The Reserve Bank of India continues to maintain close surveillance over foreign exchange market conditions and intervenes as required to ensure orderly market functioning, without targeting any specific exchange rate level. The latest figures underscore the volatility in reserve components while reaffirming India’s substantial external buffer against global financial shocks.
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