<h1>India's foreign exchange reserves drop $9.809B in a week as FX assets and gold holdings decline, RBI reports.</h1> RBI reported that India's foreign exchange reserves decreased by USD 9.809 billion to USD 686.801 billion for the week ended January 2, 2026. Within the reserves, foreign currency assets fell by USD 7.622 billion to USD 551.99 billion, with the reported dollar value reflecting valuation effects from appreciation or depreciation of non-US currencies held in the reserves. Gold reserves declined by USD 2.058 billion to USD 111.262 billion, Special Drawing Rights reduced by USD 25 million to USD 18.778 billion, and the reserve position with the IMF fell by USD 105 million to USD 4.771 billion, resulting in a lower aggregate reserve position for the reported week.