India's forex reserves rise to 4-week high of $674.19 bln as of Jul 3 - RBI
This story was originally published at 18:22 IST on 10 July 2026
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--RBI: India Jul 3 FX reserves $674.19 bln
--RBI: India Jul 3 FX reserves $674.19 bln, up $7.26 bln on week
--RBI: Gold reserves as on Jul 3 $105.21 bln, up $2.67 bln on week
--RBI: India Jul 3 FX assets $545.58 bln, up $4.51 bln on week
NEW DELHI – India's foreign exchange reserves rose to a four-week high of $674.19 billion as of Jul. 3, up $7.26 billion on week, data released by the Reserve Bank of India Friday showed. This is the biggest weekly increase in reserves in three months.
The rupee depreciated 0.9% against the dollar in the week ended Jul. 3 on persistent dollar purchases by oil marketing companies, as per dealers. Foreign currency assets rose $4.51 billion on week to $545.58 billion as of Jul. 3. The value of the central bank's gold holdings rose $2.67 billion to $105.21 billion as of Jul. 3.
Calculated in dollar terms, the RBI's foreign exchange reserves also reflect the impact of appreciation or depreciation of currencies other than the dollar, such as the euro, the pound sterling, and the yen held by the central bank. End
US$1 = INR 95.33
Reported by Pratiksha
Edited by Avishek Dutta
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