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The Economic Times

Business / The Economic Times

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India's forex reserves hit a record $728.5 billion

India's foreign exchange reserves surged to a record $728.5 billion in the week ending February 27, boosted significantly by a $4 billion increase in gold reserves. Foreign currency assets and SDRs also contributed to the rise, despite the rupee facing pressure from forward contract maturities.

7 Mar 2026 7:54 am