India’s foreign-exchange reserves fell $2.691 billion to $717.056 billion in the week ended Oct. 30, the Reserve Bank of India (RBI) reported, while remaining above the end-March and year-earlier levels shown in its table.
The RBI listed the balance at ₹6,808,728 crore, down ₹24,777 crore over the week. Foreign currency assets, the largest component, declined $2.088 billion to $591.118 billion, a decrease of ₹19,299 crore. Gold reserves fell $559 million to $102.591 billion.
Special Drawing Rights (SDRs) declined $47 million to $18.558 billion. India’s reserve position in the International Monetary Fund rose $3 million to $4.790 billion. The RBI reports these components separately in its reserve table.
The RBI’s reported weekly decrease is $1 million smaller than the difference between the rounded balances in its tables. Its Oct. 30 supplement listed reserves at $719.748 billion for Oct. 23, while the Nov. 6 supplement gave $717.056 billion for Oct. 30; subtracting those balances gives $2.692 billion. The RBI notes that differences may result from rounding.
Despite the latest weekly decline, reserves were $25.949 billion above their end-March 2026 level and $27.324 billion above the year-earlier comparison in the Nov. 6 table. The RBI’s Oct. 23 supplement had reported $721.016 billion for the week ended Oct. 16, after a $5.011 billion decline that week. EconoTimes’ earlier coverage of the Oct. 16 reserve figures covered that reading.
The Nov. 6 release listed the updated balances and weekly changes but did not identify what drove the decline.
