Economy, Banking and Finance · 7 March 2026
Reserve Bank of India (RBI) data shows forex reserves jump $4.885 billion to record $728.494 billion
Exam-focused facts from the 7 March 2026 current affairs briefing.
Key facts
- India’s foreign exchange reserves rose $4.885 billion to an all-time high of $728.494 billion in the week ended 27 February 2026.
- Foreign currency assets, the largest component, increased $561 million to $573.125 billion during the same week.
- Gold reserves surged $4.141 billion to $131.630 billion, according to RBI data.
- Special Drawing Rights (SDRs) grew $26 million to $18.87 billion.
- India’s reserve position with the International Monetary Fund (IMF) climbed $158 million to $4.87 billion.