https://www.taxtmi.com/news?id=74287 India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows. en-us Fri, 14 Aug 2026 17:31:04 +0530 Fri, 14 Aug 2026 17:31:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=74287 India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows. News - Fri, 14 Aug 2026 17:31:04 +0530 https://www.taxtmi.com/news?id=74287