India's forex reserves hit all-time high of $692.3 billion, up $2.8 billion as of Sept 20

India's forex reserves have reached a new record high of $692.3 billion for the week ending September 20, according to the Reserve Bank of India. This marks an increase of $2.8 billion from the previous week. The RBI intervenes in the market to manage liquidity and prevent excessive volatility in the rupee's exchange rate.