Behind RBI's race to be the world's leading gold buyer
With 132.34 metric tonnes of gold purchase, RBI emerged as the largest buyer of the yellow metal among central banks between April 2020 and September 2022.
forex reserve
December 2022
October 2022
February 2022
Rupee’s fall to 83: What does it say about India’s fundamentals?
Except for sound forex reserve and external debt, other indicators like weak and K-shaped recovery, high fiscal deficits, high trade and current account deficits point to a prolonged crisis.
Falling forex reserves, rising CAD may shake India's sovereign ratings: S&P
The fall in its forex reserves to around $533 billion currently, from a peak of about $634 billion in 2021, is driven in part by India's growing current account deficit, says S&P.
Budget 2022: Forex reserves at all-time high
India's current forex reserve is equivalent to 13.2 months of import, and higher than the country's external debt.
