Is a rising reserve of India's forex reserves a sign of our rising exports?
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India's rising forex reserves are a sign of foreign appreciation of India's growth potential, the RBI's valiant attempt to keep the rupee competitive for exporters and the real economy's inability to absorb capital inflows into realised investment.
Explanation:
Answered by
1
Explanation:
India's rising forex reserves are a sign of foreign appreciation of India's growth potential, the RBI's valiant attempt to keep the rupee competitive for exporters and the real economy's inability to absorb capital inflows into realised investment.
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