India's Forex Reserves Climb to Over $703 Billion
India's foreign exchange reserves saw a substantial increase, rising by over $2 billion to reach $703.3 billion. This surge occurred amidst global economic developments.
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India's forex reserves jump to $703 billion
India's foreign exchange reserves surged by $2.362 billion to $703.308 billion in the week ending April 17, following a previous gain of $3.825 billion. This increase, driven by rising foreign currency assets and gold reserves, marks a rebound after a decline caused by Middle East geopolitical tensions.
By TOI BUSINESS DESK
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India's forex reserves had expanded to an all-time high of $728.494 billion during the week ended February 27, 2026, before the West Asia conflict.
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