Economists Confident in India's Forex Reserves Amid Global Concerns

Economists and S&P Global have expressed confidence in India's foreign exchange reserves, asserting their adequacy to defend the rupee and manage potential foreign outflows despite the Middle East crisis.

13 May, 07:56 — 13 May, 07:56

Post Share

Sources

Showing 1 of 1 sources

Times of IndiaMostly Factual6d ago

Do India’s forex reserves cover enough to defend rupee? Why economists are confident

Economists believe India’s foreign-exchange reserves are still sufficiently strong to shield the rupee from the oil price shock triggered by the Iran conflict, with the country’s reserve buffers remaining far healthier than the levels seen during the 2013 taper tantrum.

By TOI BUSINESS DESK

Read full article →

PERSPECTA

PERSPECTA

Economists Confident in India's Forex Reserves Amid Global Concerns

Sources

Do India’s forex reserves cover enough to defend rupee? Why economists are confident

Related Stories

Amazon's First Customer Receipt Goes Viral, Bezos and Musk React

US-Saudi Civil Nuclear Pact Nears Signing Amid Safeguard Concerns

Latvian Alcohol Producer Amber Latvijas Balzams Faces Financial Difficulties

Korean Won Weakens Amid Foreign Selloff

PERSPECTA