India's foreign exchange reserves crossed $700 billion for the first time on record, after climbing for seven straight weeks, on valuation gains and the central bank's dollar purchases. The forex reserves were at $704.

India’s foreign exchange reserves surged past $700 billion in the week ended September 27, owing to a rise in foreign currency assets, latest data by the Reserve Bank of India (RBI) showed. The total reserves rose by $12.58 billion to $704.88 billion during the week—marking the fifth-highest weekly increase in foreign reserves.

According to the RBI’s Weekly Statistical Supplement, Special Drawing Rights (SDRs) experienced a modest increase of $8 million, reaching $18.547 billion.

India's foreign minister S Jaishankar will attend a meeting of the Shanghai Cooperation Organisation (SCO) in Pakistan this month, his ministry has announced. This will be the first visit by a high ranking Indian minister to Pakistan in nearly a decade.

India's forex reserves jumped by USD 12.588 billion to a new all-time high of USD 704.885 billion for the week ended September 27, the Reserve Bank said on Friday. The overall kitty had swelled by USD 2.

With this achievement, India joins the ranks of only three other economies—China, Japan, and Switzerland—that have crossed the $700 billion threshold in forex reserves.

India's foreign exchange reserves scaled a new high again, crossing the USD 700 billion milestone. In the week that ended on September 27, the forex reserves kitty rose USD 12.588 billion to USD 704.885 billion,

The $12.588-billion surge would be one of the highest weekly rises ever, and this is the first time the reserves have crossed the $700-billion mark

India is only the fourth economy in the world to cross $700 billion in reserves after China, Japan, and Switzerland

India's gold reserves rose $2.184 billion to $65.796 billion during the week ended September 27. India's Forex Reserves Hit Fresh All-Time High of $704.89 Billion