{
  "id": 6755777,
  "title": "India's FX reserves surge $45 billion on-week to hit record high on robust capital flows",
  "url": "https://urgent.news/2026/09/11/indias-fx-reserves-surge-45-billion-on-week-to-hit-record-high-on",
  "topic": "business",
  "section": "Business",
  "published": "2026-09-11T12:09:44.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40439054/indias-fx-reserves-surge-45-billion-on-week-to-hit-record-high-on-robust-capital-flows"
  },
  "original_language": "en",
  "account": "India's foreign exchange reserves soared to a record $785.7 billion in the week ending September 4, according to central bank data released on Friday. The surge of nearly $45 billion week-on-week was fueled by robust capital flows bolstered by policy measures aimed at strengthening the nation's balance of payments. Over the past ten weeks, India's FX reserves have consistently increased, marking a staggering $120 billion jump during this period. In June, the country introduced a series of incentives to attract dollar inflows, including discounted hedging facilities for overseas borrowings by state-run entities and banks, as well as a complimentary hedging service for banks to acquire overseas FX deposits. The Reserve Bank of India collected $136.3 billion under these initiatives between June 5 and August 31, with the majority of the funds originating from non-resident Indian deposits. Consequently, the central bank decided to compress the window for its deposit hedging facility for overseas deposits by a month, extending it to August-end.",
  "summary": "MUMBAI: India’s FX reserves climbed to a record high of $785.7 billion in the week to September 4, central bank data showed on Friday, lifted by a wave of inflows under policy measures to strengthen the country’s balance of payments. India’s FX pile has risen for ten straight weeks, jumping by almost $120 billion during this period, with the latest data showing a nearly $45 billion week-on-week…",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}