Economy 25 May 2026

RBI Releases 46th Half-Yearly Report on Foreign Exchange Reserves

The RBI released its 46th Half-Yearly Report on foreign exchange reserves (Oct 2025–Mar 2026), part of a transparency practice begun in 2004.

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The Reserve Bank of India has released its 46th Half-Yearly Report on the management of the country's foreign exchange reserves, covering October 2025 to March 2026. The RBI began publishing these reports in February 2004 to improve transparency in how India's reserves are managed.

Foreign exchange reserves are assets — mainly foreign currency, gold, Special Drawing Rights (SDRs) with the IMF, and the reserve tranche position — held by the central bank. They are used to manage the exchange rate, meet external payment needs, and provide a buffer against external shocks.

The periodic report details the size, composition, and deployment of these reserves. Healthy reserves are especially important now, as the rupee has been under pressure and the RBI may use reserves to curb excessive volatility.

Key Points to Remember

  • RBI's 46th Half-Yearly Report on forex reserves released
  • Covers October 2025 to March 2026
  • Practice began in February 2004 for transparency
  • Reserves = foreign currency + gold + SDRs + reserve tranche
  • Used to manage exchange rate and external shocks

Exam Relevance

Relevant for UPSC Prelims (Economy — Forex Reserves, BoP), Banking exams.

UPSC BANKING
rbi forex-reserves sdr economy