India: Foreign exchange reserves

* indicates monthly or quarterly data series
The most recent value is 57359.15 billion Indian Rupee as of October 2024, a decline compared to the previous value of 59001.38 billion Indian Rupee. Historically, the average for India from April 2001 to October 2024 is 20985.73 billion Indian Rupee. The minimum of 1998.17 billion Indian Rupee was recorded in April 2001, while the maximum of 59001.38 billion Indian Rupee was reached in September 2024. Click on the following link to see the values of: Foreign exchange reserves around the world.
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* indicates monthly or quarterly data series

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  • Measure: billion Indian Rupee
  • Source: Reserve Bank of India

Recent values India: Foreign exchange reserves, billion currency units
2024  Oct 57359.15
2024  Sep 59001.38
2024  Aug 57368.61
2024  Jul 55878.02
2024  Jun 54365.74
2024  May 54381.38
2024  Apr 53172.56
2024  Mar 53842.81


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Definition: Foreign exchange reserves consist of foreign currency, deposits denominated in foreign currency, Monetary Gold, Special Drawing Rights (SDRs) and Reserve position in the International Monetary Fund (IMF). Foreign exchange reserves are held by monetary authorities to finance trade imbalances, check the impact of foreign exchange fluctuations and address other issues under the purview of the central bank.

 Related indicators Latest Reference Measure
 Terms of trade 90.74 2021 percent
 Trade openness 45.85 2023 percent
 Financial openness -1.242 2021 index points
 Exports, percent of GDP 21.89 2023 percent
 Exports, billion dollars 777.14 2023 billion U.S. dollars
 Growth of exports 1.52 2023 percent
 Imports, percent of GDP 23.96 2023 percent
 Imports, billion dollars 850.64 2023 billion U.S. dollars
 Foreign Direct Investment, percent of GDP 0.79 2023 percent
 Foreign Direct Investment, billion dollars 49.94 2022 billion U.S. dollars
 Portfolio investment inflows, equities 21,427.09 2023 million dollars (current)
 Current account, percent of GDP -1.20 2023 percent
 Current account, in dollars -32.34 2023 billion U.S. dollars
 Trade balance, percent of GDP -2.07 2023 percent
 Trade balance, in dollars -86.26 2023 billion U.S. dollars
 Reserves 627.79 2023 billion U.S. dollars
 Remittances, percent of GDP 3.52 2023 percent
 Remittances 125,000.00 2023 million U.S. dollars
 Net errors and omissions -315.99 2023 million USD
 External debt 18.42 2022 percent
 Short-term external debt 20.94 2022 percent
 Short-term debt to reserves 22.77 2022 percent
 Foreign exchange reserves 57,359.15 10/2024 billion
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