We use Google Cloud Translation Services. Google requires we provide the following disclaimer relating to use of this service:
This service may contain translations powered by Google. Google disclaims all warranties related to the translations, expressed or implied, including any warranties of accuracy, reliability, and any implied warranties of merchantability, fitness for a particular purpose, and noninfringement.
The country's foreign exchange reserves have reached 22 trillion 55 billion 35 million rupees by the end of last November. It has increased by 10 and a half percent compared to last June. At the end of June 2008, foreign exchange reserves were 20 trillion 41 billion 10 million rupees.
"Such reserves in US dollars were 15.27 billion at the end of June 2081, and increased by 9.4 percent to 16.70 billion at the end of October 2081," the National Bank's monthly report said. According to the National Bank, the share of Indian currency in the total foreign exchange reserves is 22 percent.
Based on the import of four months of the current financial year, the foreign exchange reserves held by the banking sector will be enough to support 18 months of goods imports and 15.1 months of goods and services imports, according to the Rastra Bank. Rastra Bank has set a target of maintaining foreign exchange reserves equal to at least 7 months of imports in the current financial year.
