India's forex reserves jumped by USD 2.362 billion to USD 703.308 billion during the week ended April 17, the Reserve Bank of India (RBI) said on Friday.

In the previous reporting week, the forex kitty had increased by USD 3.825 billion to USD 700.946 billion. The country's forex reserves had expanded to an all-time high of USD 728.494 billion during the week ended February 27 this year, before the onset of the West Asia conflict. The reserves witnessed a decline in the subsequent weeks due to the escalation of the West Asia conflict, which began around February 28, 2026.