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Home > All news > Business, Export Import, Trade > India's forex reserves reach $676.3 billion, ensuring 11-month import cover: Sanjay Malhotra

India's forex reserves reach $676.3 billion, ensuring 11-month import cover: Sanjay Malhotra

April 9, 2025
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Weaker rupee to push India’s import bill, says Global Trade Research Initiative

Mumbai - India’s foreign exchange reserves have seen a net improvement, with the country’s reserves standing at $676.3 billion as of April 4, 2025.This provides an import cover of approximately 11 months, demonstrating the nation’s robust external sector.

RBI Governor Sanjay Malhotra noted this during a press briefing following the Monetary Policy Committee (MPC) meeting announcements.

Malhotra said that India’s external sector continues to show resilience, with key . . .

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