RBI Governor: India's Forex Reserves at $682 Billion, 11 Months Import Cover
· rediff.com
Reserve Bank Governor Sanjay Malhotra announced that India's foreign exchange reserves stand at a healthy $682.3 billion as of May 29, 2026, providing approximately 11 months of import cover and strong protection against external shocks.
Reserve Bank Governor Sanjay Malhotra has confirmed India's robust foreign exchange reserves, standing at a healthy $682.3 billion, which is sufficient to provi...