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 writes about Business, Finance and Tech for The Snippets Journal. He is also the Founder and Head of Content Development.Articles: 192