News: Further expansion of RBI’s balance sheet without normalizing credit offtake (demand for credit) will only raise economic risks. Contents1 How RBI manages its balance sheet?2 How excess liquidity created during the quantitative easing phase is being managed?3 What is the current anomaly?4 What are the implications due to flight of capital? How RBI manages… Continue reading The curious case of India’s rising forex reserves and falling rupee
Tag: currency related issues
Reserves: The RARE model in India
Source: Business Standard Relevance: Foreign Exchange reserves in India and issues related to it Synopsis: India should do away with the prevailing RARE model of reserves in a phased manner. Contents1 Context2 RARE model3 Reasons behind huge forex reserve by RBI4 Why India needs to relook RARE model?5 Measures Context The foreign exchange reserves in India are… Continue reading Reserves: The RARE model in India
A rupee wish for India@100
Source: Indian Express Relevance: An ambitious goal for India’s 100th year of Independence in 2047. Synopsis: Prosperity is possible and best accomplished by the goal of making the rupee a global reserve currency by 2047. Conditions are opportune. An analysis. Contents1 Characteristics of Reserve currency2 Current situation3 Positive Global environment4 What needs to be done?5… Continue reading A rupee wish for India@100
