EconomyMonday, 15 June 2026·The Hindu - Economy
RBI says India’s forex reserves at $682.3 billion, enough for 11 months of imports
RBI Governor Sanjay Malhotra said on June 5, 2026 that India’s forex reserves stood at $682.3 billion with about 11 months of import cover.
Key highlights
Direct fact
In June 2026, RBI Governor Sanjay Malhotra said India’s foreign exchange reserves stood at $682.3 billion as of May 29, 2026, providing import cover for about 11 months and covering 89.1% of external debt.
Key specifics
- Forex reserves were reported at $682.3 billion on May 29, 2026.
- Import cover was stated to be about 11 months.
- External debt coverage was placed at 89.1%.
- The reserves had touched an all-time high of $728.494 billion in the week ended February 27, 2026.
- Reserves fell by $7.511 billion to $681.384 billion in the week ended May 22, 2026.
Exam lens
Economy and RBI current affairs, forex reserves, import cover, external debt coverage, and balance of payments are the key MCQ angles; a TNPSC question may ask the reserve level, the date, or the adequacy metric.