India’s forex reserves fall by $2.18 billion to $697.78 billion as of October 10, 2025

India’s foreign exchange reserves stood at $697.78 billion as on October 10, according to data released by the Reserve Bank of India on Friday.

For the previous week, foreign exchange reserves stood at $699.96 billion as on October 3.

For the week ended October 10, foreign currency assets, a major component of the reserves, decreased by $5.61 billion to $572.10 billion, the central bank data showed.
Expressed in dollar terms, the foreign currency assets include the effect of appreciation or depreciation of non-US units like the euro, pound and yen held in the foreign exchange reserves.

Further, the value of the gold reserves increased by $3.60 billion to $102.37 billion during the week, the RBI said.

The Special Drawing Rights (SDRs) were down to $18.68 billion, the central bank said.The Reserve Bank of India routinely monitors developments in the foreign exchange market and undertakes interventions when necessary to preserve orderly trading conditions. Such interventions aim to moderate undue volatility in the rupee’s exchange rate and are not guided by any fixed exchange rate target or band.