Foreign Exchange Reserves in India increased to 487039 USD Million in May 15 from 485313 USD Million in the previous week.

Foreign Exchange Reserves in India averaged 233144.78 USD Million from 1998 until 2020, reaching an all time high of 487240 USD Million in March of 2020 and a record low of 29048 USD Million in September of 1998. This page provides the latest reported value for - India Foreign Exchange Reserves - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. India Foreign Exchange Reserves - data, historical chart, forecasts and calendar of releases - was last updated on May of 2020. source: Reserve Bank of India

Foreign Exchange Reserves in India is expected to be 424000.00 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in India to stand at 420000.00 in 12 months time. In the long-term, the India Foreign Exchange Reserves is projected to trend around 422000.00 USD Million in 2021, according to our econometric models.

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India Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
487039.00 485313.00 487240.00 29048.00 1998 - 2020 USD Million Weekly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2020-05-01 11:30 AM Apr/24 $479.46B $479.57B
2020-05-08 11:30 AM May/01 $481.08B $479.46B
2020-05-15 11:30 AM May/08 $485.3B $481.08B
2020-05-22 11:30 AM May/15 $487B $485.3B
2020-05-29 11:30 AM May/22 $487B
2020-06-05 11:30 AM May/29
2020-06-12 11:30 AM Jun/05
2020-06-19 11:30 AM Jun/12
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
India Foreign Exchange Reserves Decline
Foreign exchange reserves in India fell to USD 481.89 billion in the week ended March 13th from a record high of USD 487.24 billion in the previous week. It is the first decline in 25 weeks, mainly due to a drop in foreign currency assets (USD 447.36 billion from USD 451.13 billion) as the central bank had to intervene in the foreign exchange market to support the rupee. Gold assets fell to USD 29.47 billion from USD 31 billion.
2020-03-20
India Foreign Exchange Reserves Edge Up to New Record
Foreign exchange reserves in India increased for the 22nd straight week to an all-time high of USD 476.12 billion in the week ended February 21st 2020 from INR 476.09 billion in the previous week. Gold reserves increased to USD 29.66 billion from USD 29.12 billion while foreign currency assets declined to USD 441.46 billion from USD 441.95 billion in the previous week.
2020-02-28
India Foreign Reserves Continue to Rise
Foreign exchange reserves in India increased for the 21st straight week to an all-time high of USD 476.09 billion in the week ended February 14th 2020. Foreign currency assets went up to USD 441.95 billion from USD 439.19 billion in the previous week while gold reserves increased to USD 29.12 billion from USD 28.78 billion.
2020-02-21
India Foreign Exchange Reserves Continue to Top Records
Foreign exchange reserves in India increased for the 20th straight week to an all-time high of USD 473 billion in the week ended February 7th 2020. Foreign currency assets went up to USD 439.19 billion from USD 437.25 billion in the previous week while gold reserves edged down to USD 28.78 billion from USD 28.99 billion.
2020-02-14

India Foreign Exchange Reserves
In India, Foreign Exchange Reserves are the foreign assets held or controlled by the country central bank. The reserves are made of gold or a specific currency. They can also be special drawing rights and marketable securities denominated in foreign currencies like treasury bills, government bonds, corporate bonds and equities and foreign currency loans.