India's Forex Reserves Surge $44.9 Billion to Record $785.7 Billion, Fourth Largest Globally

India’s forex reserves jump by a record $44.903 billion

In the previous reporting week, the overall reserves increased $11.475 billion to a new all-time high of $740.803 billion

India's FX reserves surge $45 billion on-week to hit record high on robust capital flows

India’s Forex Reserves Jump to Record $785.7 Billion on Inflows

India’s foreign-exchange reserves rose by the most on record, boosted by a blockbuster overseas capital-raising program, and giving the central bank more ammunition to defend the nation’s struggling currency.

India overtakes Russia in 4th spot after FX reserves post record weekly gain

China and Japan are at the top, with forex reserves of $3.85 trillion and $1.21 trillion, respectively. In third is Switzerland, with reserves of $1.09 trillion.

India's Foreign Exchange Reserves Climb to Record High of $785.71 Billion

India's foreign exchange reserves hit an all-time high of $785.71 billion as of September 4, marking a sharp increase of $4.90 billion in a single week. The growth was driven primarily by a rise in foreign currency assets, which offset a marginal dip in gold reserves. This surge strengthens the Reserve Bank of India's (RBI) buffer against global volatility and currency fluctuations. The current reserve level represents a significant climb compar…

Forex reserves surge $44.9 bn in a week to record $785.7 bn: What drove the jump

India’s foreign exchange reserves hit a record $785.71 billion with a historic weekly surge of $44.90 billion, driven by foreign currency inflows and RBI’s concessional forex swap facilities.