Decoding the fall and rise of India’s forex reserves
Dec 06, 2023•6 min•Ep. 271
Listen to this episode in Metacast mobile app
Don't just listen to podcasts. Learn from them with transcripts, summaries, and chapters for every episode. Skim, search, and bookmark insights. Learn more
Episode description
On 14 July, India’s foreign exchange (forex) reserves stood at $609 billion. On 20 October, it hit a recent low of $583.5 billion before rising again slightly to $597.9 billion on 24 November. What explains this yo-yo-like behavior? Mint examines the ups and downs of the rupee:
For the best experience, listen in Metacast app for iOS or Android