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National News

The Economic Times

National / The Economic Times

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India's forex reserves jump by $6.295 billion to $696.988 billion

India's foreign exchange reserves saw a significant increase. Reserves rose by over six billion US dollars in the week ending May 8. This surge brought the total reserves to nearly 700 billion US dollars. The rise was driven by increases in foreign currency assets and gold reserves. This marks a positive development for the country's financial standing.

15 May 2026 5:39 pm