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India Becomes 4th Largest Forex Holder As Reserves Rise To $785.7 Billion

India's foreign exchange reserves surged to a record $785.7 billion in the week ending September 4, propelling the country to the fourth‑largest holder globally. The jump, driven mainly by foreign‑currency assets, marks the biggest weekly rise since the series began and underscores a two‑decade buildup of the reserve buffer.