Published on
Mar 22, 2026
How India has used forex reserves to tide over global uncertainties since 1991
In times of crisis, adequate foreign exchange reserves give comfort, acting as a buffer and giving strength to a country’s macroeconomic fundamentals. Even if the current account deficit is small (as is now at about just 1 per cent of the GDP), funding it …
Source:
The Indian Express
-
Center-left
)
