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        <h1>India's Forex Reserves Surge to $690.617 Billion, Driven by Substantial Gold Asset Increase in Week Ended May 9</h1> India's forex reserves increased by USD 4.553 billion to USD 690.617 billion in the week ended May 9, primarily due to a significant rise in gold assets. Foreign currency assets marginally grew by USD 196 million to USD 581.373 billion. Gold reserves jumped by USD 4.518 billion to USD 86.337 billion, while Special Drawing Rights and reserve position with IMF slightly decreased.

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