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How large are India's foreign exchange reserves?

US$ 691.1 bn
Mar 2026▲ 22.8 vs Mar 2025

RBI · released 31 Jul 2026

How large are India's foreign exchange reserves?
PeriodValue (US$ bn)
Mar 2026691.1
Mar 2025668.3
Mar 2024646.4
Mar 2023578.4
Mar 2022607.3
Mar 2021577.0
Mar 2020477.8
Mar 2019412.9
Mar 2018424.5
Mar 2017370.0
Mar 2016360.2
Mar 2015341.6
Mar 2014304.2
Mar 2013292.0
Mar 2012294.4

Use in your answer

India's foreign exchange reserves stood at US$ 691.1 bn at the end of Mar 2026, compared with US$ 668.3 bn at the end of Mar 2025. Source: RBI, Handbook of Statistics on the Indian Economy 2025-26, Table 144: Foreign Exchange Reserves.

Cite as: Handbook of Statistics on the Indian Economy 2025-26, Table 144: Foreign Exchange Reserves (RBI), Mar 2026

What this shows

  • Reserves were US$ 691.1 billion at end-March 2026, up from US$ 668.3 billion a year earlier and the highest end-March level in the RBI's series.
  • Gold rose to US$ 115.4 billion at end-March 2026 from US$ 78.2 billion a year earlier, while foreign currency assets fell to US$ 552.3 billion from US$ 567.6 billion.
  • On a balance-of-payments basis, the RBI reports that reserves were depleted by US$ 23.6 billion in 2025-26, against US$ 5.0 billion in 2024-25.

Cite this

Handbook of Statistics on the Indian Economy 2025-26, Table 144: Foreign Exchange Reserves (RBI), Mar 2026

Cite a fixed version from every published version below.

Source and method

Source
RBI, Handbook of Statistics on the Indian Economy 2025-26, Table 144: Foreign Exchange Reserves
Table
HBS 2025-26 Table 144, Total (col. 11), US$ million, end of financial year
Released
31 Jul 2026
Retrieved
18 Oct 2026
Next due
Jul 2027
Processing
US$ million divided by 1,000 to give US$ billion.
Licence
RBI website terms of use
What exactly is measured

India's foreign exchange reserves at the end of each financial year (31 March), in US dollars: foreign currency assets, gold, SDRs and the reserve tranche position with the IMF, as compiled by the Reserve Bank of India. The dollar total moves with the value of gold and of non-dollar assets as well as with the RBI's market operations.

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History: every published version

Each time the source changes this series we archive the full series as it stood, with an archived copy of the source, and never delete an old version. Each version has a permanent page you can cite. Recorded since 18 Oct 2026: 1 version.

No figure in this series has been revised since we began recording on 18 Oct 2026.

  1. 15 periods, latest Mar 2026: US$ 691.1 bn · first snapshotArchived sourcee0c452bbad43
Release notes (1)
  • US$ 691.1 bnEnd-March 2026 (Handbook of Statistics 2025-26)

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