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India's forex reserves at $702.57 billion as of Sept. 19, up slightly despite recent dip from record high.
India's foreign exchange reserves stood at $702.57 billion as of September 19, with gold reserves rising by $360 million to $92.78 billion.
Foreign currency assets, the largest component, were valued at $586.15 billion, while special drawing rights and India’s IMF reserve position increased slightly.
Despite a recent dip from a record high of $704.885 billion in September 2024, reserves have been rising steadily, supported by central bank interventions to manage rupee volatility.
Analysts say the strong reserve buffer helps protect against global economic uncertainty and supports investor confidence.
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Las reservas de divisas de la India ascendieron a 702.57 mil millones de dólares al 19 de septiembre, un ligero aumento a pesar de la reciente caída desde un nivel récord.