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India's Forex Reserves Climb by USD 4.88 Billion, Reaching Record USD 728.49 Billion
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India's Forex Reserves Soar to Record USD 728.49 Billion High
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News18
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06-03-2026, 18:00
India's Forex Reserves Soar to Record USD 728.49 Billion High
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India's forex reserves surged by USD 4.885 billion, reaching an all-time high of USD 728.494 billion.
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The Reserve Bank reported this record jump for the week ended February 27.
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Foreign currency assets, a major component, increased by USD 561 million to USD 573.125 billion.
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Gold reserves saw a significant rise of USD 4.141 billion, reaching USD 131.630 billion.
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Special Drawing Rights (SDRs) and India's reserve position with the IMF also increased.
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