What global factors influence India's forex reserve levels? | In Focus podcast
In Focus by The Hindu
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Is There a $100 Billion Loss in the Reserves?
As an economist, would you advise any further dipping into the reserves to stem the volatility? When we were just around $600 billion some economists felt that even if another $100 billion was spent in stemming the volatility or smoothening the decline. "Reserves from this perspective becomes one of the most important tool to judge what kind of sound, macroeconomic stability that the policymakers can potentially provide"
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