India's foreign exchange reserves touched USD 300 billion as per the November 12, 2010 RBI weekly supplement.
India's foreign exchange reserves have grown significantly since 1991. In Circa 1990 the Indian economy held foreign exchange reserves equivalent to a meager three weeks of import cover, which touched a peak of 16.9 months in March 2004 and currently stands at about 12 months. The growth of foreign exchange reserves is a testimony to the fact how well India has grown and has gai
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