India's foreign exchange reserves just got a lift, rising by $2.49 billion to reach $719.547 billion for the week ending November 6, 2026, said the Reserve Bank of India.
This comes after two weeks of steady drops, when reserves had slipped to $717 billion at the end of October.
India's record $785.7B aided by remittances
Reserves had been sliding from $722.3 billion in mid-October down to that recent low, but earlier this year they actually hit a record $785.7 billion, thanks in part to special currency inflows from Indians living abroad.
This latest jump signals a positive turn for India's financial position after a bit of a dip.