India's Foreign Exchange Reserves Fall to $719.748 Billion Amid RBI Dollar Sales and Resource Deployment

Exam-focused facts from the 30 October 2026 current affairs briefing.

Key facts

India's foreign exchange reserves fell by $1.269 billion to $719.748 billion, according to the RBI data reported on October 30, 2026.
The reserves had previously reached an all-time high of $785.706 billion for the week ended September 4, driven by a special concessional swap for diaspora deposits.
The decline in reserves is attributed to the deployment of Foreign Currency Non-Resident (Bank) (FCNR(B)) resources and dollar sales by the Reserve Bank of India (RBI) to defend the rupee.
The value of gold reserves decreased by $2.65 billion to $103.15 billion during the week.
India's reserve position with the International Monetary Fund (IMF) decreased by $4 million to $4.787 billion.
Special Drawing Rights (SDRs) increased by $27 million to $18.605 billion.
The overall reserves dropped by $5.011 billion to $721.016 billion in the previous reporting week ended October 16.