India’s foreign exchange reserves in US dollars rose to 716.91 billion as of the latest update on 21 August 2026, up from the previous level of 707.00 billion. The increase highlights a continued build-up in the country’s FX war chest.
The expansion in reserves, measured in USD terms, suggests an improvement in India’s external buffer position, potentially offering greater room for policy flexibility in managing currency volatility and external shocks. While the precise drivers of the latest increase are not detailed in the data, the headline numbers underscore a strengthening reserve position over the latest reporting period.
