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
Stealth • 1m
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
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
Varun Jeph
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The NineHertz • 10d
🪙 Japan cautious on Bitcoin reserve
The Japanese government has expressed caution about including Bitcoin in its foreign currency reserves, responding to the US plan for a strategic Bitcoin reserve.
5 replies3 likes
Three Commas Gang
Stealth • 2m
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
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
Fagin G Manohar
Stealth • 10m
Work harder Bros One day you'll make it.
And show to the world who you are
1 replies7 likes
Aryan patil
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Monkey Ads • 9m
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
4 replies6 likes
Samrat kesharwani
Stealth • 2m
for every like I get on this I'll donate a rupee (only for today) let's celebrate the best diwali we can
Hey guys yesterday we learnt about Product now let's learn about product life cycle.There are main 4 stages INTRODUCTION,GROWTH,MATURITY,DECLINE. Let's learn about these 4 stages.
1.INTRODUCTION- In this stage the product is just launched into the ma