Forex Update

India’s foreign exchange reserves declined by USD 2.3 billion to USD 689.73 billion for the week ended November 1, reflecting currency market interventions and valuation adjustments due to global financial turbulence. Despite the marginal fall, reserves remain comfortably high, providing a strong buffer against external shocks and ensuring macroeconomic stability. The Reserve Bank of India (RBI) continues to manage liquidity and currency movements prudently as the rupee faces mild depreciation pressures amid fluctuating crude prices, foreign fund outflows, and a strengthening US dollar.

India’s foreign exchange reserves climbed to an all-time high of USD 702.28 billion as of mid-October 2025, reflecting the country’s robust external position and strong capital inflows. The rise was supported by healthy foreign investment, steady export earnings, and stable remittance inflows. This milestone reinforces India’s financial resilience amid global economic uncertainty and geopolitical tensions.

India’s foreign exchange reserves have surged to a historic high of USD 698.27 billion, reflecting the country’s robust external position and strong investor confidence. The steady rise highlights resilient capital inflows, effective monetary management, and a favorable global trade balance. With the Reserve Bank of India (RBI) maintaining a cautious but strategic approach, the record reserves provide a crucial buffer against currency volatility, external debt obligations, and global financial uncertainty.