Overview
- Reserves rose by $4.368 billion to $693.318 billion in the week ended December 19, according to RBI data.
- Foreign currency assets increased by $1.641 billion to $559.428 billion, gold rose by $2.623 billion to $110.365 billion, SDRs were up $8 million to $18.744 billion, and the IMF position added $95 million to $4.782 billion.
- The move follows a $5 billion USD/INR buy-sell swap auction conducted on December 16 and settled on December 18 to inject rupee liquidity.
- The RBI has announced a $10 billion buy/sell swap of three-year tenor scheduled for January 13, 2026, signaling continued active reserve management.
- The reserve stock is among the world’s largest and is stated to cover more than 11 months of imports.