Explained: Why India’s forex reserves are rising, what this means for the economy - The Indian Express 21-Jun-2020

Explained: Why India’s forex reserves are rising, what this means for the economy - The Indian Express

Forex reserves are external assets, in the form of gold, SDRs (special drawing rights of the IMF) and foreign currency assets (capital inflows to the capital markets, FDI and external commercial borrowings) accumulated by India and controlled by the Reserve B…

More...