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Development · 29 Aug 2026

India's foreign exchange reserves reached a record $729.33 billion in the week ended August 21, 2026, with FCNR(B) deposits surging $65.4 billion under the Reserve Bank of India's concessional swap facility.

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The record

India's foreign exchange reserves reached a record $729.33 billion in the week ended August 21, 2026, with FCNR(B) deposits surging $65.4 billion under the Reserve Bank of India's concessional swap facility.

businesstoday.in21 Aug 2026

India's foreign exchange reserves reached an all-time high of $729.328 billion in the week ended August 21, 2026, boosted by foreign currency non-resident bank deposits mobilized under the RBI's limited period concessional swap facility.

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