Sources of Variation in India’s Foreign Exchange Reserves during April-June 2026
Today, the Reserve Bank of India released the balance of payments (BoP) data for the first quarter (Q1), i.e., April-June of 2026 on its website ( www.rbi.org.in ). On the basis of these data, the sources of variation in foreign exchange reserves during April-June 2026 are detailed below in Table 1 . Table 1: Sources of Variation in Foreign Exchange Reserves* (US$ billion) Items April-June 2025…
The Reserve Bank of India released balance of payments data for April-June 2026, detailing sources of variation in foreign exchange reserves. Overall, reserves decreased by US$ 8.1 billion compared to an increase of US$ 4.5 billion during the same period in 2025. When excluding valuation effects, reserves fell by US$ 8.1 billion in 2026 as against an increase of US$ 4.5 billion in 2025. The decrease was primarily driven by a valuation loss from gold price decline and US dollar appreciation, totaling US$ 14.4 billion.
Written by urgent.news from Reserve Bank of India's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
