Sign Up
OverviewAPI
The Reserve Bank of India is prioritizing the expansion of its foreign exchange reserves to establish stronger buffers, fueled by robust inflows into India's financial markets. With reserves hitting a record high of $642.49 billion, the RBI aims to sustain reserve sufficiency and curb rapid rupee appreciation amid economic expansion. Barclays Investment Bank foresees India's forex reserves surpassing $700 billion by the close of 2025.

Ask a question