India’s foreign exchange reserves declined sharply in the first reporting week of the year, reflecting pressures across key components of the country’s external buffer. The reserves fell by $9.809 billion to $686.801 billion in the week ended January 2, the Reserve Bank of India (RBI) said on Friday. This came after a rise of $3.293 billion in the previous week, when the reserves had climbed to $696.61 billion. For the week ended January 2, FCAs decreased by $7.622 billion to $551.99 billion, RBI data showed. India’s reserve position with the International Monetary Fund (IMF) also fell, dropping by $105 million to $4.771 billion in the reporting week.

Source: The Telegraph January 09, 2026 12:31 UTC