India's foreign exchange reserves rose by $2.49 billion to $719.547 billion in the week ended November 6, 2026, according to Reserve Bank of India (RBI) data released on Friday, November 13. The rise reverses the previous reporting week's fall, when reserves had slipped to $717.056 billion in the week ended October 30.

Source: PTI via DailyWorld

The recovery follows a long slide from the all-time high. Reserves had touched a record $785.706 billion in the week ended September 4, 2026, before a series of weekly declines — driven in earlier weeks by the central bank's dollar sales to support the rupee and by changes in the value of reserve assets — took the total down by more than $66 billion.

Source: The Fox Daily

India's reserves are held in four components — foreign currency assets, gold, Special Drawing Rights with the International Monetary Fund, and the country's reserve position in the IMF. The weekly data released on Friday gives the headline total; weekly movements can reflect both transactions by the central bank and valuation changes in the currencies and gold it holds.

At $719.55 billion, the reserves remain among the largest in the world and provide the RBI with a substantial cushion for managing rupee volatility and meeting external payment obligations. One week's rise, however, does not by itself establish a sustained upward trend after the two-month slide from the September peak.