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India forex reserves rise $392 million to $687.2 billion
The Business Guardian
|January 19, 2026
India's foreign exchange reserves rose marginally, by USD 392 million in the week that ended January 9, to USD 687.193 billion, driven by a jump in gold reserves while foreign currency assets dropped, the Reserve Bank of India's latest 'Weekly Statistical Supplement' data showed.
This followed a sharp drop in the previous week. Over the past few weeks, the forex kitty has been largely in an uptrend, barring exceptions. The country's foreign exchange (forex) kitty has been hovering close to its all-time high of USD 704.89 billion, reached in September 2024. For the reported week
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