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.
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.