US-Iran conflict: At nearly $700 billion, how India’s forex reserves are a strong armour against global crises

Apr 11, 2026 - 16:00
US-Iran conflict: At nearly $700 billion, how India’s forex reserves are a strong armour against global crises

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Fundamentally, foreign exchange reserves tell us about a country’s ability to service its external debt. The more robust the cover, the better a country’s position of economic strength. So how strong is India placed in terms of foreign exchange reserves?

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