RBI's norms on hedging against exchange rate risks | In Focus podcast
In Focus by The Hindu
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What I Would Worry More About Is Our Import Cover
India has a current account deficit of around 3.6% of GDP in F5, 20.3%. We have an import cover of around 9 months, which right now is not risky. But like I said earlier, this import cover, there is risk of this going down further. And it's such a scenario if things get even more murky, that is what I would be worried about.
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