India's forex reserves hit record high of $729.33 billion after $12.4 billion weekly jump
- Posted on August 28, 2026
- By Business News Today
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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 gold reserves significantly drove this latest increase. The country's external buffers are now strengthened against global shocks. These reserves are now higher than both end-March and a year earlier.