FX.co ★ India’s FX Reserves Climb to $723.77B, Extending Upward Momentum

India’s foreign exchange reserves in US dollars have risen to $723.77 billion, up from a previous level of $709.41 billion, according to the latest data updated on 6 February 2026. The increase underscores a continued build-up in the country’s external buffers.

The expansion in reserves suggests strengthened capacity to manage external shocks, support currency stability and meet international payment obligations. While the specific drivers of the latest rise are not detailed in the data, a higher FX reserve position typically reflects a combination of factors such as capital inflows, current account dynamics and valuation gains on reserve assets.

This latest reading marks a new high point compared with the prior figure, indicating that India has further reinforced its financial safety cushion in the global market environment as of early February 2026.