RBI foreign exchange gains rise 52 percent to $17.7 billion

The Reserve Bank of India reported a 52 percent rise in foreign exchange gains to 1.69 trillion rupees for fiscal 2026. Growth is projected at 6.9 percent.

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The Reserve Bank of India generated $17.7 billion in foreign exchange trading gains during the fiscal year ending March, a 52% increase. This surge follows a 1.11 trillion rupee gain in the previous year as the central bank managed currency volatility. The windfall supports a record 2.87 trillion rupee dividend transfer to the federal government, easing fiscal pressure on India.

FX Intervention Drives Balance Sheet Growth

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