India has 4th largest foreign exchange reserve; can take care of imports: Finance Minister
India is the fourth largest country to hold foreign exchange reserves of $658.8 billion, enough to meet the country’s imports for 11 months, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday. Replying to supplementaries during the question hour, she assured members of their concerns on the foreign exchange reserves and the current account deficit. “I want to assure you that total foreign exchange reserves as of March 25, 2025, is $658.8 billion. We are the fourth largest in terms of foreign exchange reserves that any country holds. Which...