India forex reserves hit record 729 billion dollars
India's foreign exchange reserves climbed to a record 729.33 billion dollars in the week to August 21. Persistent capital inflows and regulatory measures boosted the country's balance of payments.
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India's foreign exchange reserves climbed to a record $729.33 billion in the week ending August 21, driven by persistent capital inflows. The pile has expanded for eight straight weeks, jumping by about $63 billion during the period.
