FX.co ★ India’s FX Reserves Climb to $707 Billion, Extending Uptrend as of Mid-August

India’s foreign exchange reserves in U.S. dollar terms have risen to $707.00 billion, up from a previous level of $692.87 billion, according to the latest data updated on 14 August 2026. The increase of more than $14 billion underscores the continued build-up of the country’s external buffers.

The higher reserve stock can offer India additional resilience against global financial volatility, support currency stability, and strengthen the country’s ability to manage capital flow swings. Market participants and policymakers are likely to monitor whether this upward trend in reserves persists in the coming months amid shifting global interest rate and trade dynamics.