What Happens When Forex Reserves Decline?
We should understand it, Because India is going through that.
Let’s break it down step by step.
Let’s Understand What Forex Reserve Is
Forex reserves are a country’s savings in foreign currencies, gol
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Anonymous 2
Hey I am on Medial • 3m
tldr-A decline in forex reserves makes it harder for the government to stabilize the rupee
What Happens When Forex Reserves Decline?
We should understand it, Because India is going through that.
Let’s break it down step by step.
Let’s Understand What Forex Reserve Is
Forex reserves are a country’s savings in foreign currencies, gol
RBI’s Record $77.5 Billion Short Positions: Impact on Rupee Liquidity and Forex Reserves
The Reserve Bank of India (RBI) currently holds a record $77.5 billion in net short dollar positions, which could influence rupee liquidity and foreign exchange
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Payal Manghnani
#uiux designer #free... • 7m
Crypto hacked
What will happen next?
1. WazirX will make an effort to negotiate with the hacker.
2. If the first step fails, the value of INR rates for USDC and USDT will collapse since the hacked amount constitutes half of their reserves.
3. The
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1 replies6 likes
FintechBaba
Planing is a must bu... • 16d
Which is the best Forex Card/Travel Card for international use?
Why is a weaker rupee good for the Indian economy?
9 replies3 likes
Three Commas Gang
Building Bharat • 4m
The Indian rupee hit an all-time low of 84.13 against the USD, marking its fourth consecutive drop. Monday saw a previous low of 84.11. This dip occurs as investors closely watch U.S. elections on Nov 5.
#IndianRupee #Forex #USDElection #CurrencyUpda
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Muttu Havalagi
🎥-🎵-🏏-⚽ "Finding ... • 1m
RBI Increases Gold Purchases
The Reserve Bank of India has significantly increased its gold purchases, buying 50 tonnes so far in FY25. This move aims to diversify its foreign exchange reserves and mitigate revaluation risks, as part of efforts to m
China's new home prices have experienced a significant decline, with June 2024 marking the steepest drop in nine years—a 4.5% year-on-year fall, the largest since June 2015.
Despite multiple government interventions, the property market remains unde
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2 replies11 likes
Aryan patil
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Monkey Ads • 11m
Indian women's love for gold is well-known. But did you know the USA holds the world's highest gold reserves at 8,133.46 tons, while India's reserves are 800.78 tonnes, which is 10 times less?
Ps. Ha Bhai pata hei अंग्रेज loot ke Lee gaye