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Reserve Bank of India (INR) •Series ID: WB:FI.RES.TOTL.CD:IND•1960–2025

India Foreign Exchange & Gold Reserves (USD) - Historical Data

Total official international reserves of India (Reserve Bank of India), comprising monetary gold valued at year-end London market prices, convertible foreign exchange reserves, Special Drawing Rights (SDRs), and IMF reserve positions from 1960 to 2025. Latest reserve holdings stand at $700.07 billion USD (2025).

Current Statistics & Historical Records

Latest Reading (2025)
$700.07B
Prev (2024): $643.04B+$57.03B
Highest Recorded (2025)
$700.07B

Peak foreign exchange and gold reserves held by India.

Lowest Recorded (1964)
$0.50B

Lowest recorded official international reserve holdings for India.

Long-Run Mean (1960–2025)
$138.73B

66 annual observations · Annual

Reserve Bank of India · INR

India Foreign Exchange & Gold Reserves (USD) (1960-2025)

USD Billions

Drag to pan, scroll to zoom, or toggle between full archive (1960–2025) and recent annual observations.

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Source: World Bank Open Data & International Monetary Fund (IFS) (WB:FI.RES.TOTL.CD:IND) Latest: $700.07B (2025)

India FX Reserves ($B) Averages by Decade

Decadal mean, peak, and trough across the 1960–2025 archive

DecadeYears CoveredDecade MeanDecade High (Year)Decade Low (Year)
1960s1960–1969$0.65B$0.93B (1969) $0.50B (1964)
1970s1970–1979$3.96B$11.82B (1979) $1.02B (1970)
1980s1980–1989$9.38B$12.01B (1980) $8.05B (1989)
1990s1990–1999$20.45B$36.01B (1999) $5.64B (1990)
2000s2000–2009$153.16B$284.68B (2009) $41.06B (2000)
2010s2010–2019$351.31B$463.47B (2019) $298.09B (2013)
2020s2020–2025$627.82B$700.07B (2025) $567.30B (2022)

Complete Annual Historical Ledger (1960–2025)

Unit: USD Billions · Source: World Bank Open Data & International Monetary Fund (IFS) (WB:FI.RES.TOTL.CD:IND)

YearAnnual Value (USD Billions)Intra-Year Range (Min – Max)Monetary Regime & Historical Context
2025$700.07B$700.07B – $700.07BPost-tightening monetary recalibration across advanced and emerging central banks
2024$643.04B$643.04B – $643.04BG10 policy rates peak and pivot toward gradual monetary normalization
2023$627.79B$627.79B – $627.79B-
2022$567.30B$567.30B – $567.30BGlobal inflation surge triggers fastest synchronized rate hiking cycle in four decades
2021$638.48B$638.48B – $638.48B-
2020$590.23B$590.23B – $590.23BCOVID-19 pandemic emergency rate cuts and record balance sheet expansion
2019$463.47B$463.47B – $463.47B-
2018$399.17B$399.17B – $399.17B-
2017$412.61B$412.61B – $412.61B-
2016$361.69B$361.69B – $361.69BBank of Japan introduces Yield Curve Control (YCC); post-Brexit BoE easing
2015$353.32B$353.32B – $353.32B-
2014$325.08B$325.08B – $325.08BECB and European peers introduce Negative Interest Rate Policy (NIRP)
2013$298.09B$298.09B – $298.09B-
2012$300.43B$300.43B – $300.43B-
2011$298.74B$298.74B – $298.74BEuropean Sovereign Debt Crisis and Swiss franc safe-haven surge
2010$300.48B$300.48B – $300.48B-
2009$284.68B$284.68B – $284.68B-
2008$257.42B$257.42B – $257.42BGlobal Financial Crisis drives major central banks to the zero lower bound and QE1
2007$276.58B$276.58B – $276.58B-
2006$178.05B$178.05B – $178.05B-
2005$137.82B$137.82B – $137.82B-
2004$131.63B$131.63B – $131.63B-
2003$103.74B$103.74B – $103.74B-
2002$71.61B$71.61B – $71.61B-
2001$49.05B$49.05B – $49.05BDot-com bust and synchronized G10 monetary easing cycle
2000$41.06B$41.06B – $41.06B-
1999$36.01B$36.01B – $36.01BLaunch of the Euro and establishment of the European Central Bank (ECB)
1998$30.65B$30.65B – $30.65B-
1997$28.39B$28.39B – $28.39BAsian Financial Crisis triggers emergency EM currency defense hikes
1996$24.89B$24.89B – $24.89B-
1995$22.86B$22.86B – $22.86B-
1994$24.22B$24.22B – $24.22BGlobal bond market selloff and pre-emptive Federal Reserve tightening cycle
1993$14.67B$14.67B – $14.67B-
1992$9.54B$9.54B – $9.54BEuropean Exchange Rate Mechanism (ERM) crisis and Black Wednesday
1991$7.62B$7.62B – $7.62B-
1990$5.64B$5.64B – $5.64BGerman reunification tightening and Japanese asset bubble peak
1989$8.05B$8.05B – $8.05B-
1988$9.19B$9.19B – $9.19B-
1987$11.51B$11.51B – $11.51BLouvre Accord and Black Monday central bank liquidity provision
1986$10.48B$10.48B – $10.48B-
1985$9.49B$9.49B – $9.49BPlaza Accord coordinated G5 currency intervention depreciates USD
1984$8.54B$8.54B – $8.54B-
1983$8.22B$8.22B – $8.22B-
1982$8.24B$8.24B – $8.24B-
1981$8.11B$8.11B – $8.11BVolcker disinflation peak pushes benchmark policy rates to postwar highs
1980$12.01B$12.01B – $12.01B-
1979$11.82B$11.82B – $11.82BSecond oil shock; Paul Volcker appointed Federal Reserve Chair
1978$8.32B$8.32B – $8.32B-
1977$6.09B$6.09B – $6.09B-
1976$3.73B$3.73B – $3.73B-
1975$2.06B$2.06B – $2.06B-
1974$2.32B$2.32B – $2.32BFirst OPEC oil shock triggers global stagflation and steep policy rate hikes
1973$1.63B$1.63B – $1.63B-
1972$1.37B$1.37B – $1.37B-
1971$1.25B$1.25B – $1.25BNixon Shock suspends USD gold convertibility; Bretton Woods system ends
1970$1.02B$1.02B – $1.02B-
1969$0.93B$0.93B – $0.93B-
1968$0.73B$0.73B – $0.73B-
1967$0.66B$0.66B – $0.66B-
1966$0.61B$0.61B – $0.61BCredit crunch of 1966 and monetary tightening
1965$0.60B$0.60B – $0.60B-
1964$0.50B$0.50B – $0.50B-
1963$0.61B$0.61B – $0.61B-
1962$0.51B$0.51B – $0.51B-
1961$0.67B$0.67B – $0.67B-
1960$0.67B$0.67B – $0.67B-

Frequently Asked Questions - India FX Reserves ($B)

How much in foreign exchange and gold reserves does India hold?

As of 2025, India holds $700.07 billion USD in total international reserves (including monetary gold and foreign exchange).

Statistical Provenance

Source Metadata & Methodology Notes

Primary Institution:
World Bank Open Data & International Monetary Fund (IFS)
Dataset / Dataflow:
World Development Indicators: Total Reserves Including Gold (FI.RES.TOTL.CD)
Canonical Series ID:
WB:FI.RES.TOTL.CD:IND
  • Holdings of monetary gold (valued at year-end London prices), Special Drawing Rights (SDRs), reserves of IMF members held by the IMF, and holdings of foreign exchange under the control of monetary authorities.
  • Values are converted from current US dollars to billions of US dollars ($10^9$).
  • Licensed under Creative Commons Attribution 4.0 International (CC BY 4.0) via World Bank Development Indicators.
Academic & Media Attribution

Cite This Dataset (APA & BibTeX)

APA 7th Edition
CentralBankData.com. (2025). India Foreign Exchange & Gold Reserves (USD), compiled from World Bank & IMF International Financial Statistics (FI.RES.TOTL.CD, CC BY 4.0). https://centralbankdata.com/india-foreign-exchange-reserves
BibTeX
@misc{cbd_reserves_india,
  author = {CentralBankData.com},
  title = {India Foreign Exchange and Gold Reserves},
  note = {Compiled from World Bank and IMF IFS FI.RES.TOTL.CD (CC BY 4.0)},
  year = {2025},
  url = {https://centralbankdata.com/india-foreign-exchange-reserves}
}
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