The Economic Times

MPC Forex Level: Indias forex reserves remain healthy at $682.3 billion, says RBI Governor Sanjay Malhotra

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 used its reserves to manage the rupee's volatility. This shows a commitment to currency stability. The overall position remains healthy.