Chart of the day | Short-term forex debt forms almost half of forex reserves

Chart of the day | Short-term forex debt forms almost half of forex reserves

Note that apart from the short-term debt, portfolio funds, which can be speedily withdrawn in the event of a crisis, are also sizable. Also, unlike many Asian countries, India’s forex reserves are the result of not the current account surpluses, but capital inflows, which have slowed considerably of late.

Also See | Chart of the day (PDF)

PDF by Sandeep Bhatnagar/Mint

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