India's Forex Reserves Climb to $696.9 Billion as Gold Holdings Surge
India's total foreign exchange reserves reached $696.988 billion for the week ending May 8, 2026, marking a weekly rise of $6.295 billion. Gold reserves drove much of this growth, increasing by $5.637 billion to a total valuation of $120.853 billion. Reserve Bank of India – Bulletin Weekly Statistical Supplement – Extract (<span style="color: red">Revised</span>) 1. Reserve Bank of India - Liabilities and Assets* (₹ Crore) Item 2025 2026 Variation May 09 May 01 May 08.