Inflation and the R B I

The us. Federal reserve is trying to suck back the excess money it once printed. As a result, dollars are flowing out of india and foreign investors have pulled out 21 point five billion dollars from the indian stock markets in the past six months. Our forex reserves have already fallen by over forty billion dollars to 597 billion dollars. And while the road ahead might be bumpy for the rupee, hopefully r b i's massive war chest can come in handy to prevent a calamity.