India's foreign exchange reserves are strong and set to grow. Governor Sanjay Malhotra stated this on Friday. New trade deals and policy changes will boost the country's financial position. Agreements with the UK, New Zealand, EFTA, and Oman are already in place. Further trade talks are underway with several nations, promising continued economic strengthening.

India's foreign exchange reserves are strong at over $680 billion. The reserves saw a decline from April's peak. This was due to the Reserve Bank of India's actions. The RBI…

India's foreign exchange reserves stood robust at $682.3 billion as of May 29, RBI Governor Sanjay Malhotra revealed during the Monetary Policy Committee meeting on Friday.

India's forex reserves at $682 billion ensure 11 months of import cover, bolstering economic stability, says RBI Governor.