India FY26 reserves $691.1bn could fund nearly 89% of imports
NewsBytes | May 12, 2026 7:39 PM CST
India FY 1991 reserves only $5.8bn
Back in FY 1991, India only had $5.8 billion in reserves, just enough for about one-quarter of its annual imports, so things have come a long way thanks to economic growth and more foreign money coming in.
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