FX.co ★ India’s FX Reserves Climb to $729.33B, Extending Upward Momentum

India’s foreign exchange reserves have continued their upward trajectory, rising to $729.33 billion, according to data updated on 28 August 2026. This marks an increase from the previous level of $716.91 billion, underscoring sustained accumulation in the country’s reserve buffer.

The latest gain in reserves suggests a strengthening external position for India, potentially offering greater resilience against global financial volatility and currency market pressures. The continued build-up may also provide policymakers with more room to manage exchange rate stability and external financing needs, as reserve levels edge higher into record territory.