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<h1>Forex reserves rise to record USD 709.413 billion, driven by foreign currency assets and gold gains enhancing external buffers</h1> RBI data shows foreign exchange reserves rose to USD 709.413 billion, driven by increases in foreign currency assets, gold holdings, SDRs, and the IMF reserve position. Foreign currency assets increased by USD 2.367 billion, gold valuation rose by USD 5.635 billion, SDRs by USD 33 million and the IMF reserve position by USD 18 million, cumulatively strengthening external liquidity. The reported movements reflect valuation effects of non-USD currencies and asset composition changes, enhancing the reserve buffer available for foreign exchange market interventions and external stability maintenance.