Another good news has emerged for India’s economy. According to the latest report of the Reserve Bank of India (RBI), the country’s foreign exchange reserves increased by $ 964 million to reach $ 675.16 billion in the week ending July 10, 2026. The increase in foreign exchange reserves for the second consecutive week clearly indicates that the country’s external financial position remains strong. This is also expected to strengthen the rupee and increase the confidence of foreign investors.
According to RBI data, the largest part of foreign exchange reserves are foreign currency assets (FCA). This time an increase of $930 million was recorded, after which their total value became $546.51 billion. In addition to the dollar, the FCA also takes into account changes in the value of major foreign currencies such as the euro, pound and Japanese yen.
Gold reserves also increased
According to the report, India’s gold reserve has also increased. The country’s gold reserves increased by $24 million to reach $105.23 billion. At the same time, India’s Special Drawing Rights (SDRs) with the International Monetary Fund (IMF) increased by $ 3 million to $ 18.626 billion. Apart from this, India’s reserve trench position in IMF also increased by $7 million to reach $4.793 billion.
There was a big boom earlier also
Earlier in the week, India’s foreign exchange reserves had increased by 7.26 billion dollars. According to RBI, earlier due to increasing tension in the Middle East and pressure on the rupee, the central bank had to intervene by selling dollars in the foreign exchange market, due to which a decline in reserves was seen for some time.
still below record level
Although foreign exchange reserves have been improving steadily, they are still below their record levels. This year, on 27 February 2026, India’s foreign exchange reserves had reached an all-time high of $ 728.494 billion. If global conditions remain favorable and the flow of foreign investment continues, India’s foreign exchange reserves may again rise to a new record in the coming months.
Also read- External crises had no impact! RBI said Indian financial system is strong, news of relief for investors
SK Sharma is a content writer who writes on news, entertainment, and lifestyle topics. She has over four years of experience and is known for conveying information in simple and clear language.
