The Economic Times

India's forex reserves jump $10.5 billion to over two-month high of $692.87 billion as of July 31

India's foreign exchange reserves saw a significant rise of over ten billion dollars. This surge pushed the nation's reserves to their highest point in more than two months. Foreign currency assets, the largest reserve component, increased substantially during the reporting week. Gold reserves also registered a notable gain, contributing to the overall increase. Special Drawing Rights and reserve position with the IMF also saw modest growth.