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The Economic Times

National / The Economic Times

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Proactive steps needed to limit adverse spillovers of Iran war: RBI report

The report added that foreign exchange reserves remain adequate to provide a cushion against external shocks. Forex reserves were at $709 billion as of March 13, after touching an all-time high of $729 billion in February. The RBI said reserves provide cover for 11.2 months of goods imports and around 95% of the country's outstanding external debt.

24 Mar 2026 12:48 am