India foreign exchange reserves

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India foreign exchange reserves: 657160 (0.79%)
Last Update: December 31, 2024

India foreign exchange reserves closed down 657160 as of December 31, 2024 from 652000 from the previous month and 637920 from last year.

India foreign exchange reserves Analytics & Data

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India foreign exchange reserves

2024-12-31 657160
2024-11-30 652000
2024-10-31 653710
2024-09-30 652900
2024-08-31 655820
2024-07-31 651510
2024-06-30 646670
2024-05-31 648700
2024-05-24 646670
2024-05-17 648700
2024-05-10 644150
2024-05-03 641590
2024-04-26 637920
2024-04-19 640330
2024-04-12 643160
2024-04-05 648560
2024-03-29 645580
2024-03-22 642630
2024-03-15 642490
2024-03-08 636100
2024-03-01 619070
2024-02-23 619070
2024-02-16 616100
2024-02-09 617230

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India foreign exchange reserves Statistics

foreign exchange reservesin.fxreserves657160.065200013UPUP602024-12-31

India foreign exchange reserves Factors

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India foreign exchange reserves Historical Data

The MacroVar database offers free access to historical data for the India foreign exchange reserves, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of India foreign exchange reserves data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the India foreign exchange reserves

India's foreign exchange reserves refer to the total amount of foreign currency and assets held by the Reserve Bank of India. These reserves play a crucial role in supporting the stability and strength of the country's economy by enabling it to meet its international payment obligations, maintain the value of its currency, and provide a buffer against external shocks. The reserves are typically made up of foreign currencies, gold, and other international assets. India's foreign exchange reserves have been steadily increasing over the years, reaching record levels in recent times, which reflects the country's strong external position and ability to weather global economic uncertainties. The reserves also provide confidence to foreign investors and lenders, as they indicate the country's ability to meet its financial commitments.