Minister Sushanta Chowdhury Highlights People-Centric Measures in Union Budget 2026-27
India’s Forex Reserves Jump $14.17 Billion to Near Record High
Jan 27, 2026India’s foreign exchange reserves surged by $14.17 billion to $701.36 billion in the week ended January 16, according to data released by the Reserve Bank of India (RBI). The sharp increase brings the country’s forex reserves close to their all-time high of $704.89 billion.
The rise was driven by a strong increase in both foreign currency assets and gold reserves. Foreign currency assets (FCA), the largest component of the forex reserves, climbed by $9.65 billion to $560.52 billion during the reported week.
Gold reserves also recorded a significant jump, rising by $4.62 billion to $117.45 billion, RBI data showed.
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