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flag India's foreign exchange reserves hit a record $665.4 billion, up 0.6% from the week prior.

flag India's foreign exchange reserves hit a record $665.4 billion, up $6.6 billion from the previous week, marking the fourth consecutive weekly gain. flag This surge, totaling $20.1 billion over three weeks, reflects renewed foreign investor confidence in India's equity markets, leading to a 0.6% rupee appreciation against the US dollar. flag Despite these gains, financial experts predict the rupee will continue to depreciate, as the Reserve Bank of India's measures to attract foreign exchange are seen as only temporary.

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