Foreign reserves in India increased for the 16th straight week to an all-time high of USD 461.21 billion in the week ended January 10th 2020. Gold reserves increased to USD 28.49 million from USD 28.06 billion in the previous week while foreign currency assets went down to USD 427.58 billion from USD 427.95 billion. Foreign Exchange Reserves in India averaged 229191.14 USD Million from 1998 until 2020, reaching an all time high of 461210 USD Million in January of 2020 and a record low of 29048 USD Million in September of 1998. source: Reserve Bank of India

Foreign Exchange Reserves in India is expected to be 423000.00 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 2020, according to our econometric models.

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India Foreign Exchange Reserves

Actual Previous Highest Lowest Dates Unit Frequency
461214.00 461160.00 461214.00 29048.00 1998 - 2020 USD Million Weekly
Current Prices, NSA


Calendar GMT Actual Previous Consensus TEForecast
2019-12-27 11:30 AM Dec/20 $454.95B $454.49B
2020-01-03 11:30 AM Dec/27 $457.47B $454.95B
2020-01-10 11:50 AM Jan/03 $461.16B $457.47B
2020-01-17 11:30 AM Jan/10 $461.21B $461.16B
2020-01-24 11:30 AM Jan/17 $461.21B
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
2020-01-03
India Foreign Reserves Hit All-Time High
Foreign reserves in India increased for the 14th straight week to an all-time high of USD 457.468 billion in the week ended December 27th 2019. Foreign currency assets went up to USD 424.94 billion from USD 422.73 billion in the previous week and gold reserves also increased to USD 27.39 million from USD 27.13 billion.


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.

India Money Last Previous Highest Lowest Unit
Interest Rate 5.15 5.15 14.50 4.25 percent [+]
Cash Reserve Ratio 4.00 4.00 10.50 4.00 percent [+]
Money Supply M1 36705.98 36464.06 37218.10 80.15 INR Billion [+]
Interbank Rate 5.05 4.94 12.97 3.10 percent [+]
Money Supply M2 38580.30 37911.49 38580.30 1127.49 INR Billion [+]
Money Supply M3 161646.19 159902.61 161646.19 123.52 INR Billion [+]
Foreign Exchange Reserves 461214.00 461160.00 461214.00 29048.00 USD Million [+]
Central Bank Balance Sheet 20321.00 19241.83 23419.03 1624.31 INR Billions [+]
Loan Growth 7.60 7.10 18.70 4.10 percent [+]
Reverse Repo Rate 4.90 4.90 13.50 3.25 percent [+]