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At $729 billion, India's forex kitty a record
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 assets grew by $9.4 billion, while gold reserves also experienced a positive shift. The RBI's new facility has helped gather $72.85 billion in inflows since its June launch, resulting in a total growth of $48 billion in reserves attributed to this initiative.
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economictimes.indiatimes.com
India's forex reserves hit record high of $729.33 billion after $12.4 billion weekly jump
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…
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cryptobriefing.com
India's foreign-exchange reserves hit record high amid dollar inflows
India's foreign exchange reserves surged to $716.91 billion, rising nearly $50 billion in seven weeks as RBI measures attracted massive dollar
