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flag India's forex reserves at $702.57 billion as of Sept. 19, up slightly despite recent dip from record high.

flag 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. flag Foreign currency assets, the largest component, were valued at $586.15 billion, while special drawing rights and India’s IMF reserve position increased slightly. flag 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. flag Analysts say the strong reserve buffer helps protect against global economic uncertainty and supports investor confidence.

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