19-July-2026
Markets and Finance
 
India’s forex reserves rise to $675.16 billion, but remain $53 billion below February peak
18-Jul-2026

India’s foreign exchange reserves rose for a second consecutive week, supported by an increase in foreign currency assets, as the Reserve Bank of India’s measures to attract overseas deposits began providing an additional buffer against the external-sector pressures created by the West Asia conflict. The country’s reserves increased by $964 million to $675.157 billion in the week ended July 10, RBI data released on Friday showed. This followed a much sharper $7.26-billion increase in the preceding week, taking the cumulative addition over two weeks to $8.22 billion.

News Source:- https://www.financialexpress.com/policy/economy/indias-forex-reserves-rise-to-675-16-billion-but-remain-53-billion-below-february-peak/4294825/?ref=economy_hp