The Reserve Bank of India (RBI) on Friday (January 9, 2026) said India’s foreign exchange reserves declined by $9. 809 billion to $686.

801 billion in the week ended January 2. In the last reporting week, foreign exchange reserves had increased by $ 3. 293 billion to $ 696.

61 billion. For the week ended January 2, foreign currency assets, a key component of reserves, declined by US$7. 622 billion to US$551.

99 billion, central bank data showed. Expressed in dollar terms, foreign exchange assets include the effects of appreciation or depreciation of non-US units such as the euro, pound and yen held in foreign exchange reserves.

The RBI said the value of gold reserves declined by $2. 058 billion to $111. 262 billion during the week.

The apex bank said that Special Drawing Rights (SDR) declined by $ 25 million to $ 18. 778 billion. India’s reserve position with the IMF declined by $105 million to $4.

771 billion in the week under review, according to data from the apex bank.