India Foreign Exchange Reserves  Forecast


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Foreign Exchange Reserves in India is expected to be 399002.67 USD Million by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Foreign Exchange Reserves in India to stand at 398103.73 in 12 months time. In the long-term, the India Foreign Exchange Reserves is projected to trend around 395432.08 USD Million in 2020, according to our econometric models.


India Money Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Interest Rate 6 6 6 6 6 4.75
Cash Reserve Ratio 4 4 4 4 4 4
Interbank Rate 6.11 6.3 6.33 6.48 6.62 5.5
Money Supply M1 28813 27275 27284 27253 27231 27017
Money Supply M2 29069 28100 28086 28052 28018 27724
Money Supply M3 131812 133192 135153 136380 137155 137944
Central Bank Balance Sheet 17025 17775 17655 17532 17411 16386
Foreign Exchange Reserves 399290 399003 398703 398403 398104 395432
Loan Growth 7.2 7.9 8.46 8.76 9.03 7
Reverse Repo Rate 5.75 5.75 5.79 5.85 5.91 6.13