indian forex reserves

India's forex reserves are now sufficient to cover around 11 months of projected imports, according to a recent RBI report.

Forex reserves or foreign exchange reserves (FX reserves), are assets that are held by a nation's central bank or monetary authority.

Tweaking its headline a bit, the ET had falsely reported that RBI has begun to sell some of its gold again despite their own reports suggested that RBI had bought more gold rather than selling from its reserves.

Even at a 7 month low, forex reserve was higher by around 30% since the BJP gained power, outflanking the Congress in 2014.