India's foreign exchange reserves fell by $5.011 billion to $721.016 billion in the week ended October 16, 2026, according to the Reserve Bank of India's Weekly Statistical Supplement (Press Release 2026-2027/1377), reported by PTI and detailed in the RBI data coverage.

Source: PTI via Dailyworld

Yaani, in rupee terms the RBI put the total at Rs 6,846,160 crore — about Rs 68.46 lakh crore. Foreign currency assets, the largest component, stood at $591.847 billion, while gold reserves were recorded at $105.8 billion.

Source: RBI Weekly Statistical Supplement via TradersUnion

Within the week, the value of gold reserves increased by $706 million to $105.8 billion. Special Drawing Rights rose by $30 million to $18.578 billion, and India's reserve position with the IMF increased by $11 million to $4.791 billion, according to the central bank data reported by The Daily Jagran.

Source: The Daily Jagran

The latest fall follows an $8.578 billion decline in the previous reporting week to $726.027 billion, leaving reserves about $64.7 billion below the record $785.706 billion reached in the week ended September 4, The Economic Times reporting carried by Lapaas Voice noted. Reports attributed the pressure to dollar demand, oil import costs and foreign investment outflows, while noting that a fall in headline reserves also reflects valuation changes in currencies and gold, not only central bank dollar sales.

Source: Lapaas Voice, reporting The Economic Times

On the same day, PTI reported the rupee fell 13 paise to close at 94.94 (provisional) against the US dollar. Despite the two-week drawdown, the reserve cushion remains above $721 billion.