SiN #91 – $605,008,000,000

That is the size of Foreign Exchange Reserves India has as of June 2021. It is just enough to cover less than 15 months imports. On the other hand, China has the world’s biggest ForEx reserves at $3.22 Trillion, which just covers 16 times its monthly imports!

Shreesha S
Shreesha S

Shreesha is a Qualified Certified Management Accountant(CMA) and Certified in Strategy and Competitive Analysis(CSCA).

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