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Home > All news > Economy, Export Import > RBI : Forex reserves cover stands at 11.2 months of imports

RBI : Forex reserves cover stands at 11.2 months of imports

October 30, 2024
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Mumbai - The Reserve Bank of India (RBI) in its latest report stated that the country's foreign exchange reserves cover of imports (on balance of payments basis) stood at 11.2 months.The RBI report released on Tuesday provided an update on India's foreign exchange reserves, import cover, and International Investment Position (IIP), providing insight into the country's external financial standing as of the end of June 2024.

The latest figure in the . . .

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