India's Forex Reserves Skyrocket to Record $709 Billion

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India's Forex Reserves Skyrocket to Record $709 Billion

India's foreign exchange reserves just hit a whopping $709.41 billion! This record was reached on January 23, thanks to a boost from gold reserves and foreign currency assets. The reserves jumped by $8 billion in just one week, making everyone cheer, despite some global pressures on the rupee. Gold prices soared, and experts are celebrating this shiny victory!