India's foreign exchange reserves increased by $1.08 billion to reach $676.24 billion for the week ended July 17, according to data released by the Reserve Bank of India (RBI) on Friday.
The gain was driven by a rise in foreign currency assets, which more than compensated for a decline in the value of gold reserves during the same period.
4 billion, reflecting continued inflows and robust management of the central bank's balance sheet.
The weekly uptick adds to a broader trend of strengthening external buffers for the world's fifth-largest economy.
Foreign currency deposits have climbed to $17.4 billion, reflecting continued inflows and robust management of the central bank's balance sheet.
This accumulation supports the rupee's stability and provides ample cushion against potential volatility in global markets.
The reserve build-up coincides with accelerating foreign investment flows into Indian financial markets.