MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay Malhotra
India's foreign exchange reserves are strong at $682.3 billion. The Reserve Bank of India has used these reserves to stabilize the rupee. Despite recent declines, reserves remain sufficient for imports and external debt. Policy reforms and trade agreements are expected to boost the economy. India is well-positioned to handle global economic challenges.