Three Cheers For RBI

Good Morning Three Cheers For RBI https://share.google/B8wFxWV9JD0kjlS3V India's Financial Health Checkup report is available. Media and analysts, for obvious reasons, are downplaying the central bank's role in the whole affair for obvious reasons. Figures speak : 📊 India's Forex & Gold Reserves India's total foreign exchange (forex) reserves reached an all-time record high of $729.33 billion for the week ended August 21, 2026. 📈 Breakdown of Reserves Total Forex Reserves: $729.33 billion Foreign Currency Assets (FCA): ~$591.3 billion Gold Reserves Value: ~$114.2 billion Physical Gold Stock: 880.52 tonnes Special Drawing Rights (SDRs): ~$18.85 billion Reserve Position in the IMF: ~$4.87 billion 💡 Key Drivers Surge in Inflows: Weekly jump of $12.42 billion driven by strong institutional flows and non-resident deposits. Economic Buffers: Robust external position bolstered by solid GDP growth (7.8% in Q1 of current FY) M G Warrier

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