India's forex reserves rise $1.08 billion to $676.237 billion in week ended July 17

In a notable development, India's forex reserves have increased by over one billion dollars, driven primarily by a growth in foreign currency assets. On the downside, the value of gold reserves has seen a significant decline. Additionally, Special Drawing Rights have experienced a minor upward adjustment, while the reserve position with the IMF has faced a small downturn.

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