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RBI continues to build forex reserves which rose to $696 billion

Indias forex reserves rose by $3.3 billion to $696.61 billion in the week ended December 26, RBI data showed. The increase was led by a sharp $2.95 billion jump in gold holdings and a modest rise in foreign currency assets. Reserves remain near record highs, providing cover for 910 months of imports amid global volatility.

2 Jan 2026 11:32 pm