India"s foreign exchange reserves refer to assets held by the Reserve Bank of India (RBI) in foreign currencies. These reserves act as a cushion and provide liquidity, ensuring our country can meet its external obligations. The importance of Indian forex reserves cannot be overstated, as they play a vital role in maintaining the stability of the nation’s currency and economy. Wondering how it works? This article should help.
The Indian forex reserves have seen significant fluctuations, reflecting the country"s economic dynamics and global financial conditions.
India’s foreign exchange reserves are a topic of interest for economists and policymakers alike. With fluctuations and trends reflecting the nation"s economic landscape, understanding the forex reserves of India is essential.
As of May 16, 2025, India"s forex reserves stood at $6,90,617 million, according to the Reserve Bank of India.
First Published: May 21, 2025, 09:30
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