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India's Forex Reserves Hit All-Time High of $729.3 Billion After RBI's Steps to Attract Capital

Summary by The Print
Steps taken by  RBI in early June hel avert what could have been an unprecedented third year of a deficit in India’s broadest measure of money flowing in and out of the economy.

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India's forex reserves rise by 12 billion USD to reach new record high: India's foreign exchange reserves have increased by 12.42 billion dollars in the week ended August 21. According to a bulletin released by the RBI on Friday, India's forex reserves have crossed the 729 billion dollar mark as on August 21. The major reasons for the increase in the reserves are a significant increase in foreign currency and gold reserves.

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Bitcoin World broke the news on Friday, August 28, 2026.
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