Channel: ThePrint

Category: News & Politics

Tags: theprint hinditheprintreserve bank of indiadollar rupee standingindia's trade deficittheprint economyindian economyshekhar guptatheprint indiaindia forex exchange reserveindian market

Description: India's foreign exchange reserves have fallen by $45 billion in the last 8 months, from a peak of $642.5 billion on September 3, 2021. A variety of reasons have led to this fall -- RBI selling dollars to support the rupee, India's rising trade deficit to multi-year highs and risk aversion by foreign investors who have moved out of emerging markets including India to less riskier assets. --------------------------------------------------------------------------------------------- Join our channel to get access to perks. Click 'JOIN' or follow the link below: youtube.com/channel/UCuyRsHZILrU7ZDIAbGASHdA/join --------------------------------------------------------------------------------------------- Connect with ThePrint » Subscribe to ThePrint: theprint.in/subscribe » Subscribe to our YouTube Channel: bit.ly/3nCMpht » Like us on Facebook: facebook.com/theprintindia » Tweet us on Twitter: twitter.com/theprintindia » Follow us on Instagram: instagram.com/theprintindia » Find us on LinkedIn : linkedin.com/company/theprint » Subscribe to ThePrint on Telegram: t.me/ThePrintIndia » Find us on Spotify: spoti.fi/2NMVlnB » Find us on Apple Podcasts: apple.co/3pEOta8