India's foreign exchange reserves surged to $716.91 billion, rising nearly $50 billion in seven weeks as RBI measures attracted massive dollar

India's foreign exchange reserves surged by over twelve billion dollars. This sharp build-up pushed reserves to an unprecedented $729.328 billion. Foreign currency assets and…

India's foreign exchange reserves surged to $716.91 billion, rising nearly $50 billion in seven weeks as RBI measures attracted massive dollar

India's forex reserves hit a record $729.328 billion, boosted by significant FCNR (B) deposit inflows amid RBI's measures.

India's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a specialized swap window. The foreign currency…

Reserves increased $12.4 billion during the week, with foreign currency assets increasing $9.4 billion to $591 billion, while the value of gold reserves rose by $2.8 billion to…