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The Economic Times
The Economic Times

MPC Forex Level: India’s forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay Malhotra

Sanjay Malhotra RBI India

India’s foreign exchange reserves inched up slightly and stood at a healthy $682.3 billion as of May 29, RBI Governor Sanjay Malhotra said during the Monetary Policy Committee meeting on Friday.

India’s foreign exchange reserves have had a turbulent yet revealing journey over the last months, reflecting both the strength of the country’s external position and the pressures facing the rupee.

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