India's forex reserves rise in seventh consecutive week, increase to USD 686.145 billion

Foreign exchange reserves or forex reserves of India continued to surge for the seventh consecutive week and rose USD 8.31 billion to USD 686.145 billion for the week ended April 18. According to Reserve Bank of India (RBI), forex reserves had touched an all-time high of USD 704.885 billion in end-September 2024.   This is the seventh consecutive week of a rise in the kitty, which had jumped by USD 1.567 billion to USD 677.835 billion in the previous reporting week ended April 11.

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