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India's forex reserves hit $766 billion: what's really inside
Original: Same X-ray, different skeleton: Inside India’s $766 billion forex reserves
Attention is on India's foreign exchange reserves, which stand at around $766 billion, with a closer look at what actually makes up that headline figure. Commentators argue the composition tells a different story than the topline number suggests, prompting debate over the quality and reliability of the reserves, the RBI's management of them, and what the stockpile means for the rupee and India's economic stability.
Why now: The size and composition of India's reserves are under scrutiny amid concerns over the rupee and the economy.
IndiaReserve Bank of IndiaThePrintIndian rupee
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- Same X-ray, different skeleton: Inside India’s $766 billion forex reserves · ThePrint · 136.6K
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