India's foreign exchange reserves fell by $12.952 billion to $734.61 billion in the week ended 2 October 2026, according to RBI data reported by ANI. The report names lower foreign currency assets and lower gold holdings as the main drivers. The data was published on 10 October 2026, and this summary does not cover any later weekly release.
The components
Foreign currency assets, the largest part of the reserves, fell by $10.664 billion to $604.747 billion. Gold holdings fell by $2.288 billion to $106.413 billion. Special Drawing Rights rose by $15 million to $18.656 billion, and the IMF reserve position fell by $15 million to $4.789 billion.
The comparison
Even after the fall, reserves are $43.498 billion above their level at the end of March 2026. Compared with a year earlier, total reserves are up $34.645 billion. The report cites the RBI's Weekly Statistical Supplement as the source of the figures.
What the report does not say
The article gives no reason for the fall in foreign currency assets beyond describing the drivers, and it does not say whether the change came from RBI operations in the currency market or from revaluation. It gives no rupee level.
Key numbers
- Total reserves: $734.61 bn (Week ended 2 Oct)
- Weekly change: −$12.952 bn (Total reserves)
- Foreign currency assets: $604.747 bn (−$10.664 bn)
- Gold: $106.413 bn (−$2.288 bn)
What boards and CFOs should note
Three points stand out for finance teams. First, foreign currency assets accounted for about 82% of the weekly fall, going by the report's $10.664 billion out of $12.952 billion. Second, gold made up most of the remainder, at $2.288 billion. Third, the level of $734.61 billion is still above both the March 2026 figure and the figure a year ago, so the weekly drop sits within a higher base.
Source: Times of Oman (ANI), 10 October 2026. This is a summary of a news report, published as general information. It is not legal, tax or investment advice.
This article is journalism and commentary. It is not a recommendation to buy or sell any security, and it is not professional advice. Read the full disclaimer.
