India’s Forex Reserves Rise by $4.7 Billion, Reach $702.97 Billion

Swift Summary:

• india’s foreign exchange reserves rose by USD 4.698 billion in the week ending September 12, 2025, reaching USD 702.966 billion.
• This is the third consecutive weekly increase in forex reserves and marks a notable milestone by crossing the USD 700 billion mark.
• Foreign currency assets (FCA), the largest component of forex reserves, reached USD 587.014 billion with an increase of USD 2.537 billion during this period.
• Gold reserves grew by USD 2.12 billion too total at USD 92.419 billion for the same week.
• As per RBI Governor Sanjay Malhotra, India’s foreign exchange reserve levels can sustain approximately 11 months of imports.
• In recent years, India has rebuilt its reserves: adding around USD 58 billion in FY23 after a decline of USD 71 billion in FY22; followed by a $20+ billion rise in FY24 and $53 billion cumulative growth so far in FY25.
• The Reserve Bank often manages fluctuations thru strategic dollar buying/selling to mitigate rupee volatility.

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