India’s Forex Reserves Hit Record $785.7 Billion
Why in the news
A very large weekly addition took India’s reserve pile to an all-time high.
Key facts
- Weekly rise: $44.9 billion, the largest ever, for the week to 4 September 2026.
- Total forex reserves: $785.7 billion.
- Rank: fourth-largest holder worldwide, as reported.
- Reserves have added over $100 billion after the concessional swap scheme was unveiled on 5 June.
- FCNR(B) inflows came to roughly $127 billion, above expectations.
| Indicator | Figure |
|---|---|
| Weekly increase | $44.9 billion (record) |
| Total reserves | $785.7 billion |
| Gain since 5 June | More than $100 billion |
| FCNR(B) flows | About $127 billion |
Exam angle
- Record weekly addition and the new total.
- Scheme linked to the surge: concessional swap scheme (announced 5 June).
- Deposit type behind the inflows: FCNR(B).