International Reserves in India

India International Reserves | Economic News & Forecasts

India - International Reserves

The ruling coalition government led by Prime Minister Modi’s Bharatiya Janata Party will likely hold onto power over the next five years, according to exit polls released on 19 May. This indicates continuity in economic policy going forward, notably rising government spending with a focus on infrastructure and financial support for farmers. Against this backdrop, private-sector PMI data in April hinted at potentially quicker economic growth going forward despite easing to the lowest reading since September 2018, as businesses were optimistic that economic conditions would improve once the political dust settles. This comes after the private-sector PMI edged slightly lower, on average, in January–March compared to the prior quarter, and industrial production decreased in March for the first time in over one-and-a-half years.

India - International Reserves Data

2013  2014  2015  2016  2017  
International Reserves (USD)304  341  356  373  421  

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India International Reserves Chart

India International Reserves
Note: International reserves in months of imports.
Source: Reserve Bank of India and FocusEconomics calculations.

India Facts

Bond Yield6.92-0.04 %Jun 14
Exchange Rate69.83-0.09 %Jun 14
Stock Market39,452-0.08 %Jun 14

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