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2024

India's forex reserves hit record USD 666.85 Billion, driven by surging gold and foreign currency assets

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New Delhi [India], July 20 (ANI): India's foreign exchange reserves have surged to a record high, reaching a new peak of USD 666.85 billion, according to data from the Reserve Bank of India (RBI).

The data highlights an increase of USD 9.69 billion in just one week, as of 12 July, surpassing the previous high of USD 657.2 billion. The reserves have been rising intermittently for some time now.

The RBI data reveals that In