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India's forex reserves decline to $616 billion, lowest in two months

Despite the forex reserves being at their lowest in two months, they remain not too far from their all-time high of $642.45 billion, which was hit in September 2021.

India , Shaktikanta-das , International-monetary-fund , Reserve-bank , Drawing-rights , Fx-reserves , Ndias-fx-reserves , Oreign-exchange-reserves , Oreign-exchange , Ollar-holdings , Bi , Eserve-bank-of-india

Budget 2024: India's solid external buffers set to get huge boost in FY25

Ahead of the presentation of the 2024-25 interim Budget, Moneycontrol takes a quick look at the state of the Indian economy. Here, we examine the position of India's foreign exchange reserves and what the next financial year likely has in store for the authorities.

India , Kaushik-das , Deutsche-bank , Bloomberg-index-services , Reserve-bank , Government-bond-index-emerging-markets , Budget-2024 , Udget-2024-25 , Nion-budget-2024 , Nion-budget-2024-25 , Udget-2024-india , Ndia-budget-2024