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Economy News

The Economic Times

Economy / The Economic Times

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India's forex reserves soar by $9.9 billion to $716.90 billion as on August 14

India's foreign exchange reserves jumped $9.905 billion to $716.90 billion in the week ended August 14, RBI data showed. Reserves had risen $14.1 billion to $707 billion a week earlier, marking the highest level in the current fiscal year. The latest increase came as FCNR(B) scheme inflows started reflecting.

21 Aug 2026 5:09 pm