India’s foreign exchange reserves saw a significant increase of $15.27 billion, reaching $653.97 billion as of 7 March. This surge marks the sharpest weekly gain in over three years, following a period of volatility that led to an 11-month low. The Reserve Bank of India’s proactive management strategies have played a crucial role in stabilizing the Indian Rupee amidst global economic uncertainties. The substantial rise in forex reserves reflects the country’s robust position to weather financial challenges and maintain stability in the currency market. The steady accumulation of reserves is essential for India to meet its international payment obligations, support the Rupee, and withstand external economic shocks. This surge in reserves showcases India’s resilience and ability to navigate through turbulent times, positioning the country favorably in the global economic landscape.