<h1>India's Forex Reserves Grow from $341.6B to $360.8B (2015-2017) for Rupee Stability and Risk Management.</h1> India's foreign exchange reserves increased from $341.6 billion in March 2015 to $360.8 billion by January 2017. These reserves consist of foreign currency assets, gold, Special Drawing Rights, and the Reserve Tranche Position with the IMF. The Reserve Bank of India manages these reserves to stabilize the rupee, preserve long-term value, minimize risk, and maintain liquidity. The reserves are held in major convertible currencies through deposits with central banks, the Bank for International Settlements, and top-rated foreign banks, as well as in sovereign and supranational debt securities. The government and RBI monitor and adjust policies as needed.