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Forex inflows lift India reserves to record high

5 sourcesUpdated 2 Sept 2026, 1:30 pm Coverage regionsIndia
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India attracted $136.38 billion in forex inflows by August 31.

The inflows came primarily through a diaspora dollar deposit scheme.

The increase helped lift foreign exchange reserves to a record $729.3 billion.

The Reserve Bank of India introduced measures to shore up the rupee after it fell to record lows earlier this year.

Why it mattersStronger foreign-exchange inflows can cushion the rupee, support import payments, and give policymakers more room during future market stress.
More context

Traders said the RBI stepped up dollar sales amid rising import demand and oil prices.

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What coverage agrees on

All coverage agrees that India’s foreign exchange inflows rose sharply and helped push reserves to a record level. It also agrees that the RBI used measures linked to the rupee and dollar flows.

What is changing or disputed

What remains less clear is how much of the reserve gain will last if import demand and oil prices keep affecting currency flows. The exact balance between deposit inflows and RBI intervention could also shift as new data arrives.

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Neutral1

The reporting says forex inflows reached $136.38 billion by August 31 and helped lift reserves to a record $729.3 billion. It says the inflows came mainly through a diaspora dollar deposit scheme. It also notes that the RBI had introduced measures to shore up the rupee after record lows earlier this year.

Distinctive emphasis — reported claim, not independently verified.Sources: Deccan Herald
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Deccan Herald Neutral framing Reported

India draws $136.38 billion in forex inflows, boosting reserves

Quick source take

The Reserve Bank of India announced it attracted one hundred thirty-six point thirty-eight billion dollars in forex inflows by August thirty-first, primarily through a diaspora dollar deposit scheme. This influx helped push India's foreign exchange reserves to a record high of seven hundred twenty-nine point three billion dollars. The central bank introduced these measures to shore up the rupee after it fell to record lows earlier this year. Traders reported the RBI stepped up dollar sales to support the currency amid rising import demand and oil prices.