India has ample forex buffers to withstand pressure on credit worthiness: S&P2 min read . Updated: 25 Aug 2022, 03:06 PM IST
- S&P Director Andrew Wood said the country has a strong external balance sheet and limited external debt, making debt servicing not so expensive.
India has built up buffers against cyclical difficulties and has ample foreign exchange reserves to withstand pressure on credit worthiness, S&P Global Ratings said on Thursday.
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