India's foreign exchange reserves have reached a record high of $729.3 billion, up by $12.4 billion from the previous week.
The Reserve Bank of India reported that Foreign Currency Assets, the largest component of the reserves, increased by $9.4 billion to $591.3 billion during the week ended August 21.
Gold reserves also saw a significant increase, adding $2.8 billion to reach $114.2 billion.
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