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flag India's foreign exchange reserves rose by $1.48 billion, primarily due to an increase in foreign currency assets.

flag India's foreign exchange reserves increased by $1.48 billion to $695.10 billion in the week ending August 15, driven by a $1.92 billion rise in foreign currency assets. flag Gold reserves declined by $2.16 billion, while Special Drawing Rights and the reserve position with the IMF saw slight increases. flag This growth follows a significant addition of $58 billion to India's reserves in 2023, compared to a $71 billion decline in 2022.

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