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  2. List of countries by foreign-exchange reserves - Wikipedia

    en.wikipedia.org/wiki/List_of_countries_by...

    This figure can fluctuate based on various factors such as trade balances, capital flows, and the Reserve Bank of India's (RBI) interventions in the forex market. During pre-1991 Era, India faced significant balance of payments crises, leading to low levels of foreign exchange reserves.

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