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Comments by "" (@kallachi729) on "India’s Forex reserve lose $80 bn in 8 months as RBI defends rupee, quarterly CAD at alarming level" video.
Good take on economic matters by SG! My take. You win some you lose some. Economy has its ups and downs especially in trying times as this. For instance, once Indian bonds get added to the world bond index (will happen soon), the foreign exchange reserves will right itself. CAD too will steady to an extent after that. Other steps to steady the economy are, Oil imports from Russia, Rupee payments for some imports etc. etc. etc. Tailpiece: It is not an “alarming” situation by any standards as yet.
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