If you’re asking how much forex India have, you’re referring to India’s foreign exchange reserves — the total amount of foreign currency assets held by the Reserve Bank of India (RBI). These reserves include foreign currencies, gold, SDRs, and IMF reserve positions, and they play a crucial role in stabilising the rupee, paying for imports, and maintaining investor confidence.

India’s Forex Reserves (As Of 2025)

As of the most recent updates in 2025:

• India holds over USD 640 billion in forex reserves, making it one of the top 5 largest forex reserves globally.
• The composition typically includes:
  • Foreign Currency Assets (FCA) – USD, EUR, GBP, JPY, etc.
  • Gold Reserves – Measured in tonnes and USD value
  • Special Drawing Rights (SDRs) – From the IMF
  • RBI’s reserve position with the IMF

Why India Holds So Much Forex

• To manage the exchange rate and protect the rupee from volatility
• To pay for imports, especially crude oil and essential goods
• To build investor confidence and economic stability
• To act as a buffer during external shocks or capital outflows

How India Accumulates Forex Reserves

• Exports of goods and services
• Foreign direct investment (FDI)
• Portfolio investments by global institutions
• Remittances from Indians working abroad
• Foreign borrowing by Indian companies or government

How Forex Reserves Are Used

• Stabilising the rupee via RBI currency intervention
• Paying for oil, defence imports, or foreign debt obligations
• Managing inflation through monetary policy
• Supporting the balance of payments

Conclusion

If you’re asking how much forex India have, the country currently holds over USD 640 billion in foreign exchange reserves, giving it strong financial protection and global economic influence.

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