New Delhi, April 24 -- India's foreign exchange reserves registered a $2.3 billion increase in the week ending April 17, according to data released by the Reserve Bank of India on Friday.

The country's forex reserves rose to reach $703.30 billion, the central bank said.

The uptick comes after a period of sustained pressure on the reserves, largely driven by external factors and currency market interventions.

India's reserves had previously touched an all-time high of $728.494 billion in the week ended February 27, 2026.

However, the escalation of the Middle East conflict soon after led to a reversal in the trend.

The country's gold reserves also followed suit and continued their $100 billion+ rally at $122.13, with a significant rise o...