ReferIndia News India’s forex reserves up by $14.17 billion to $701.36 billion as of January 16

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India’s forex reserves up by $14.17 billion to $701.36 billion as of January 16

Published on: Jan. 23, 2026, 5:04 p.m. | Source: The Economic Times

India's foreign exchange reserves have reached a new high of $701.36 billion. This significant increase was recorded in the week ending January 16, 2026. The boost comes from a rise in foreign currency assets and gold holdings. The Reserve Bank of India manages these reserves to ensure market stability. This development reflects strong economic indicators for the nation.

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