我是 LongbridgeAI,我可以總結文章信息。印度儲備銀行報告稱,2026 財年的外匯交易收益同比增長 52%,達到 1.69 萬億印度盧比,較 2025 財年的 1.11 萬億印度盧比有所上升。儘管印度盧比貶值了 9.85%,但印度儲備銀行出售了 1950 億美元以抑制波動。然而,它在五年來首次在遠期合約上記錄了按市值計的淨虧損,金額為 4340.3 億印度盧比。中央銀行的資產負債表擴大了 20.6%,達到 91.97 萬億印度盧比,收入增長了 26.4%,達到 3.38 萬億印度盧比
The Reserve Bank of India’s gains from foreign exchange transactions rose 52 per cent year-on-year during the financial year 2025-26, according to the central bank’s annual report released on Friday. The gains from foreign exchange transactions stood at ₹1.69 trillion in FY26 against ₹1.11 trillion during the financial year 2024-25.
In FY26, the central bank gross sold $195 billion in the spot market to curb volatility in the foreign exchange market. The rupee depreciated 9.85 per cent in FY26; in March, the Indian unit fell close to 4 per cent following the West Asia war that started in late February.
The annual accounts also showed that the mark-to-market valuation of outstanding forward contracts as on March 31, 2026, resulted in a net unrealised loss of ₹43,403 crore, compared with a net unrealised gain of ₹6,985 crore as on March 31, 2025. The loss was debited to the Foreign Currency Forward Contracts Valuation Account (FCVA), with a contra credit to the Provision for Forward Contracts Valuation Account (PFCVA). The outstanding net short position of its forward book swelled to $103.06 billion by end-March, from $84.3 billion a year ago.
Data showed that the central bank booked a mark-to-market net loss on outstanding forward contracts for the first time in at least five years.
The RBI said the debit balance in FCVA was adjusted against the Contingency Fund on March 31, 2026, and reversed on the first working day of the following year in line with the extant accounting policy. Accordingly, the balance in FCVA stood at nil at the end of FY26.
In FY26, RBI’s balance sheet size increased by 20.6 per cent to ₹91.97 trillion. The increase on the assets side was due to a rise in domestic investments, gold and foreign investments by 44.9 per cent, 63.8 per cent and 7.9 per cent, respectively. On the liabilities side, revaluation accounts, notes issued, deposits and other liabilities increased by 63.4 per cent, 11.8 per cent, 11.6 per cent and 21.1 per cent, respectively.
Income for the year rose 26.4 per cent to ₹3.38 trillion in 2025-26 from ₹2.67 trillion in the previous year, while expenditure increased 7.8 per cent to ₹50,995 crore from ₹47,286 crore.
Domestic assets constituted 29.1 per cent and foreign currency assets, gold (including Gold Deposit and gold held in India), and loans and advances to financial institutions outside India constituted 70.9 per cent of total assets as on March 31, 2026, as against 25.7 per cent and 74.3 per cent, respectively, as on March 31, 2025. A provision of ₹1.09 trillion was made and transferred to the Contingency Fund (CF).
Meanwhile, the central bank’s holdings of domestic securities increased 44.9 per cent to ₹22.59 trillion as on March 31, 2026, from ₹15.59 trillion a year earlier. The increase was mainly due to net purchases of government securities during the year. Investments comprise dated government rupee securities, state government securities and oil bonds.
The RBI held 880.52 metric tonnes of gold as on March 31, 2026, of which 312.32 metric tonnes were held as backing for notes issued. The value of gold held as assets of the Issue Department rose 64.1 per cent to ₹3.88 trillion from ₹2.37 trillion a year earlier. The increase in value was attributed to the rise in the price of gold during the year.
Balances under the Currency and Gold Revaluation Account (CGRA) increased to ₹21.69 trillion at end-March 2026 from ₹13.03 trillion a year earlier. The balance in the Investment Revaluation Account-Rupee Securities stood at nil against ₹16,843 crore in FY25, while the Foreign Currency Assets Valuation Account balance also declined to nil from ₹6,985 crore a year ago.
