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flag India's foreign exchange reserves rise to $688.13 billion, marking eight weeks of growth.

flag India's foreign exchange reserves hit $688.13 billion as of April 25, marking the eighth consecutive week of growth. flag The increase, driven by a $2.17 billion rise in foreign currency assets, counters a previous decline and strengthens the Reserve Bank of India's ability to stabilize the rupee. flag Despite a $207 million drop in gold reserves, the overall robust forex position reflects strong economic fundamentals and resilience in India's external sector, with exports reaching a record $824.9 billion in the fiscal year 2024-25.

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