India foreign exchange reserves climb to record 723.8 billion dollars

India's foreign exchange reserves reached a record $723.8 billion as of late January. RBI Governor Sanjay Malhotra says the stock covers 11 months of imports.

洞察:
India ININ's foreign exchange reserves reached an all-time high of $723.8 billion as of January 30, according to a policy speech delivered today by Reserve Bank of India chief Sanjay Malhotra sanjay malhotra. This announcement marks a significant milestone for the external sector of India ININ, as the central bank confirmed the record-breaking figure provides a merchandise import cover of more than 11 months.
FILE PHOTO: Reserve Bank of India (RBI) Governor Sanjay Malhotra poses for a picture as he returns after a press conference in Mumbai, India, December 11, 2024. REUTERS/Hemanshi Kamani/File Photo
FILE PHOTO: Reserve Bank of India (RBI) Governor Sanjay Malhotra poses for a picture as he returns after a press conference in Mumbai, India, December 11, 2024. REUTERS/Hemanshi Kamani/File Photo
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