New Delhi. Good news has emerged for India's economy. In the week ending August 7, 2026, the country's foreign exchange reserves increased by $ 14.136 billion to reach $ 707.002 billion. According to the latest data of the Reserve Bank of India (RBI), after about four months, India's forex reserves have once again crossed the level of $ 700 billion.
After four months again crossed 700 billion dollars
Earlier, in the week ending April 17, 2026, the country's foreign exchange reserves were recorded at $ 703.308 billion. After this, there was a decline in it amid global circumstances and tension in the Middle East. Now once again a sharp increase has been recorded. This increase in foreign exchange reserves is considered important from the external financial position of the country. Having adequate foreign exchange reserves helps in meeting international payments and import needs.
Increase in foreign currency assets also
According to RBI data, there has also been a good growth in Foreign Currency Assets (FCA). FCA increased by $9.9946 billion during the week to $574.625 billion. Apart from the US dollar, it also includes major foreign currencies like Euro, Yen and Pound, whose value is measured in dollars.
Decline in value of gold reserves
While foreign exchange reserves rose, the value of India's gold reserves declined. During this period, the gold reserve decreased by about $ 3.995 billion to $ 108.738 billion. Apart from this, Special Drawing Rights (SDR) increased by $ 79 million and reached $ 18.745 billion.
At the same time, India's reserve position in the International Monetary Fund (IMF) increased by $ 116 million to $ 4.894 billion. Overall, the foreign exchange reserves crossing 700 billion dollars again is being considered a positive sign for the Indian economy.