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Fat forex reserves, FDI flows, import cover: why rupee fall shouldn’t reignite fears of 2013

India faces risks similar to those in 2013 — an all-time low currency, Fed taper, elevated commodity prices. But 2022 is not 2013. India now has USD600 billion forex reserves, a good current account position, net capital flows, an import cover of 18 months. A depreciating rupee is also an opportunity for Indian investors with exposure to US equities.

from Economy-Prime-Economic Times

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