India's FX reserves rise $2.49 bn in Nov 6 week

Reuters India's foreign exchange reserves rose by $2.49 billion to $719.547 billion in the week ended November 6, according to data released by the Reserve Bank of India (RBI) on Friday. The increase comes after consecutive weeks of decline, during which the country's forex reserves fell from $722.3 billion in the week ended October 17 to $717.057 billion in the week ended October 30. The latest rise was driven primarily by an increase in gold reserves, which climbed by $2.205 billion to $104.796 billion during the week, RBI data showed. Foreign currency assets (FCAs), the largest component of India's forex reserves, increased by $232 million to $591.350 billion. FCAs reflect the effect of appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the reserves. The country's holdings of Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) rose by $52 million to $18.610 billion during the week. India's reserve position with the IMF also increased by $1 million to $4.791 billion. Live Events In rupee terms, the country's total foreign exchange reserves stood at Rs 67,58,986 crore as of November 6. The weekly increase in dollar terms came even as the reserves declined by Rs 49,742 crore in rupee terms, reflecting the impact of exchange-rate valuation changes. India's forex reserves had touched an all-time high of $785.7 billion in the week ended September 4, following substantial foreign currency inflows through a special concessional swap scheme for diaspora deposits. Add as a Reliable and Trusted News Source Add Now! (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on India forex reserves RBI foreign exchange reserves India forex reserves November 2026 foreign currency assets India's foreign exchange reserves RBI forex data India's forex reserve decline diaspora deposit swap scheme (You can now subscribe to our Economic Times WhatsApp channel ) Read More News on India forex reserves RBI foreign exchange reserves India forex reserves November 2026 foreign currency assets India's foreign exchange reserves RBI forex data India's forex reserve decline diaspora deposit swap scheme Prime Exclusives Investment Ideas Stock Report Plus ePaper Wealth Edition Is CoreWeave's movement signalling a return of the AI trade? How India’s INR22.5 lakh crore gold loan boom is hiding a big hole KYC and KYB: Pidilite's margin keeps finding its way back, though costlier raw materials can knock it off course – Part 2 of 3 Business of Odd Things: The farm that needs no land, freshwater, or fertiliser KYC and KYB: Inside Pidilite, the company that turned Fevicol into a word for a strong bond – Part 1 of 3 Seoul halts trading, Nifty has its best week since 2021: Money leaving the AI trade – will it land in India? 1 2 3 View all Stories