Economy

India Forex Reserves Jump Ten Billion Dollars to Six-Month Peak

Reuters2h
THE BRIEF
1

India's foreign exchange reserves surged by $9.9 billion to reach $716.9 billion for the week ending August 14, 2026.

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The increase was driven primarily by a rise in foreign currency assets and sustained capital inflows into Indian equities.

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This marks the highest level of reserves in six months, bringing the kitty closer to its all-time record high.