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The Economic Times

Business / The Economic Times

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Forex reserves soar to $707 billion, highest so far in current fiscal

India's foreign exchange reserves increased by $14.1 billion to $707 billion. Foreign currency assets rose by $9.9 billion, and gold reserves gained $3.9 billion. These reserves have now declined from their earlier peak of $728 billion. Further inflows are expected from FCNR(B) and ECB schemes until August 31. The Reserve Bank of India received $56.8 billion in foreign currency inflows.

14 Aug 2026 11:35 pm