{"id":17595,"date":"2026-08-28T16:13:36","date_gmt":"2026-08-28T16:13:36","guid":{"rendered":"https:\/\/koshalsambada.in\/?p=17595"},"modified":"2026-08-28T16:13:36","modified_gmt":"2026-08-28T16:13:36","slug":"india-foreign-exchange-reserves-indias-forex-reserves-hit-all-time-high-of-729-33-billion-after-12-42-billion-jump","status":"publish","type":"post","link":"https:\/\/koshalsambada.in\/?p=17595","title":{"rendered":"India Foreign Exchange Reserves: India&#8217;s forex reserves hit all-time high of $729.33 billion after $12.42 billion jump"},"content":{"rendered":"<p><br \/>\n<\/p>\n<div>\n<div class=\"e9jwa\">\n<div class=\"vdo_embedd\">\n<div class=\"GfdvZ\">\n<section class=\"_bIDB  clearfix id-r-component leadmedia undefined undefined  E9tg9 \" style=\"top:0px\">\n<div class=\"_bIDB\" data-ua-type=\"1\" onclick=\"stpPgtnAndPrvntDefault(event)\">\n<div class=\"ypVvZ\">\n<div class=\"WGttI\"><img src=\"https:\/\/static.toiimg.com\/thumb\/msid-133595222,imgsize-107790,width-400,height-225,resizemode-4\/indias-forex-kitty.jpg\" alt=\"India's forex reserves hit all-time high of $729.33 billion after $12.42 billion jump\" title=\"Foreign currency assets rose by $9.482 billion to $591.333 billion during the reporting week (representative image)\" decoding=\"async\" fetchpriority=\"high\"\/><\/div>\n<\/div>\n<\/div>\n<div class=\"Ta7d_ img_cptn\"><span title=\"Foreign currency assets rose by $9.482 billion to $591.333 billion during the reporting week (representative image)\">Foreign currency assets rose by $9.482 billion to $591.333 billion during the reporting week (representative image)<\/span><\/div>\n<\/section>\n<\/div><\/div>\n<\/div>\n<p>India&#8217;s foreign exchange reserves surged by $12.422 billion to a new all-time high of $729.328 billion in the week ended August 21, <a href=\"https:\/\/timesofindia.indiatimes.com\/topic\/reserve-bank-of-india\" styleobj=\"[object Object]\" class=\"\" commonstate=\"[object Object]\" frmappuse=\"1\" target=\"_blank\" rel=\"noopener\">Reserve Bank of India<\/a> (RBI) data showed on Friday.<span class=\"id-r-component br\" data-pos=\"3\"\/>The country&#8217;s forex reserves have now risen for eight consecutive weeks, increasing by about $63 billion during this period and surpassing the previous record reached in February.<span class=\"id-r-component br\" data-pos=\"6\"\/><\/p>\n<p><h2><b><keyword id=\"30371439\" type=\"Denny\" weightage=\"20\" keywordseo=\"foreign-currency-assets\" source=\"keywords\">Foreign currency assets<\/keyword>, gold drive weekly rise<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"8\"\/>Foreign currency assets, the biggest component of the reserves, rose by $9.482 billion to $591.333 billion during the reporting week, according to the RBI.<span class=\"id-r-component br\" data-pos=\"10\"\/>The value of India&#8217;s gold reserves increased by $2.801 billion to $114.218 billion.<span class=\"id-r-component br\" data-pos=\"12\"\/>Special Drawing Rights (SDRs) rose by $112 million to $18.852 billion, while India&#8217;s reserve position with the International Monetary Fund increased by $26 million to $4.925 billion, as per the RBI data.<span class=\"id-r-component br\" data-pos=\"16\"\/>Changes in foreign currency assets, expressed in dollar terms, include the impact of appreciation or depreciation of non-US currencies such as the euro, pound and yen held in the country&#8217;s reserves.<span class=\"id-r-component br\" data-pos=\"18\"\/><\/p>\n<p><h2><b>Measures to boost <keyword id=\"36201627\" type=\"Denny\" weightage=\"20\" keywordseo=\"dollar-inflows\" source=\"keywords\">dollar inflows<\/keyword><\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"20\"\/>The record rise comes after India introduced a series of measures in June to attract overseas dollar inflows and strengthen the country&#8217;s balance of payments.<span class=\"id-r-component br\" data-pos=\"22\"\/>The measures included discounted hedging facilities for overseas borrowings by state-run firms and banks, along with a free-of-cost hedging facility for banks to raise overseas foreign currency deposits.<span class=\"id-r-component br\" data-pos=\"25\"\/>The RBI received nearly $73 billion under these schemes between June 5 and August 21, including about $65 billion from non-resident Indian deposits.<span class=\"id-r-component br\" data-pos=\"27\"\/>The scale of the inflows prompted the central bank to bring forward the closure of its deposit hedging facility by a month to the end of August.<span class=\"id-r-component br\" data-pos=\"30\"\/>\u201cThe rise in FX reserves is a combination of RBI buying dollars during that week and the rest is revaluation gain. The dollar purchase is led by FCNR-B swap window with banks pushing for deposits before the window closes,\u201d Gaura Sen Gupta, chief economist at IDFC First Bank, told Reuters.<span class=\"id-r-component br\" data-pos=\"33\"\/><\/p>\n<p><h2><b>RBI interventions offset some inflows<\/b><\/h2>\n<\/p>\n<p><span class=\"id-r-component br\" data-pos=\"35\"\/>The RBI&#8217;s frequent interventions in the foreign exchange market to support the rupee have likely offset the impact of some of the overseas dollar inflows, bankers told Reuters.<span class=\"id-r-component br\" data-pos=\"37\"\/>India&#8217;s previous record forex reserve level of $728.494 billion was reached in the week ended February 27.<span class=\"id-r-component br\" data-pos=\"39\"\/>Geopolitical tensions that followed led to several weeks of decline in reserves as the rupee came under pressure and the RBI intervened in the forex market through dollar sales.<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/timesofindia.indiatimes.com\/business\/india-business\/indias-forex-reserves-hit-all-time-high-of-729-33-billion-after-12-42-billion-jump\/articleshow\/133595128.cms\" target=\"_blank\" rel=\"noopener\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Foreign currency assets rose by $9.482 billion to $591.333 billion during the reporting week (representative image) India&#8217;s foreign exchange reserves surged by $12.422 billion to a new all-time high of $729.328 billion in the week ended August 21, Reserve Bank of India (RBI) data showed on Friday.The country&#8217;s forex reserves have now risen for eight [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":17596,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[31],"tags":[],"class_list":["post-17595","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-31"],"magazineBlocksPostFeaturedMedia":{"thumbnail":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","medium_large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","1536x1536":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","2048x2048":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-small":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-small-tall":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-small-square":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-small-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-medium":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-medium-masonry":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-large":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg","blogsy-wide":"https:\/\/koshalsambada.in\/wp-content\/uploads\/2026\/08\/indias-forex-kitty.jpg"},"magazineBlocksPostAuthor":{"name":"admin","avatar":"https:\/\/secure.gravatar.com\/avatar\/8709732a479614e7a8aa24d3eb1b239f30dc6d90c61464ed495001e7a469d856?s=96&d=mm&r=g"},"magazineBlocksPostCommentsNumber":"0","magazineBlocksPostExcerpt":"Foreign currency assets rose by $9.482 billion to $591.333 billion during the reporting week (representative image) India&#8217;s foreign exchange reserves surged by $12.422 billion to a new all-time high of $729.328 billion in the week ended August 21, Reserve Bank of India (RBI) data showed on Friday.The country&#8217;s forex reserves have now risen for eight [&hellip;]","magazineBlocksPostCategories":["\u0b26\u0b47\u0b36 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